Buy to Let market update

by Neil Patterson

16:33 PM, 9th May 2012
About 9 years ago

Buy to Let market update

Make Text Bigger
Buy to Let market update

A new buy to let lender has entered the market called Keystone

They specialise in buy to let mortgages for Single Purpose Vehicle limited companies, HMOs and Multi-Unit properties. This part of the market was largely exited by lenders after the credit crunch and it is great to see some competition for more niche criteria giving Landlords a greater range of options.

Important Keystone criteria

Maximum number of 4 directors for limited company applications (must be a single purpose vehicle not trading limted company)

No minimum income required, but must have 12 months employment history or trading as self employed for 2 years or be in receipt of a personal/company pension.

No First time landlords accepted, but no mamximum number of buy to let properties

Maximum Loan to Value 75% and minimum property value of £50,000

Products start at 5.23% for a 3 year fixed and are stressed tested at 130% on the pay rate or 100% of 7.7%

For further information on available Keystone products please use our Buy to Let mortgage calculator.

Kent Reliance pull 85% LTV buy to let product

Kent reliance have withdrawn the only 85% buy to let mortgage product on the market at 5.99%. There is no news yet on whether another  85% will be reintrodced and what the pricing will likely be. However Kent Reliance’s maximum Loan to Value is now 80% which is still very competetive.

If you would like to add your own requirements and search for the most popular available Buy to Let products please click here


10:17 AM, 10th May 2012
About 9 years ago

Is Keystone part of Aldemore bank?

Mark Alexander

14:32 PM, 10th May 2012
About 9 years ago

It is Johnny, yes. Mortgage for Business will be carrying out the application process.

10:43 AM, 11th May 2012
About 9 years ago

Technically speaking Keystone Buy to Let Mortgages is part of Mortgages for Business. Aldermore is supplying the funds on an exclusive basis.

Leave Comments

Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.

Forgotten your password?


Revised Right to Rent requirments from 21st June