No age limit property finance on Keystone Ltd Co and Joint applications

by Neil Patterson

13:38 PM, 4th November 2016
About 2 years ago

No age limit property finance on Keystone Ltd Co and Joint applications

Make Text Bigger
No age limit property finance on Keystone Ltd Co and Joint applications

“The aim of accepting landlords over the age of 85 years within a joint mortgage application will allow many of our older borrowers to continue to leverage their portfolios”, said David Whittaker CEO of Keystone.age

Keystone Property Finance has removed the age criteria on its Classic range of mortgage products for joint applicants and for borrowers via a Limted Company.

The maximum size allowed for a multi-unit property has  increased from 8 to 10 flats and maximum exposure on portfolio lending has increased to £2 million.

Five year fixed rates start at 3.99% to 75% LTV.

Three year fixed start from 4.09% to 75% LTV.

There are also five and three year fixed rate options going to a maximum of 80% LTV for standard Buy to Let single AST property and up to 75% LTV for HMOs and multi-units.

Rental Stress testing:
For Limited Companies
  • Trackers & 3 yr products – 125% at product pay rate or notional rate of 5.25% (whichever is higher)
  • 5 yr products – 125% at product pay rate
For Individuals
  • Trackers & 3 yr products – 145% at product pay rate or notional rate of 5.25% (whichever is higher)
  • 5 yr products – 145% at product pay rate

If you require assistance with any type of property finance please complete the contact form below and we will be happy to help.

Contact Property118 for assistance

  • Please give us a few details so we can investigate and call you back


Comments

Open Letter to Landlords and Shelter

The Landlords Union

Become a Member, it's FREE

Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agents

Learn More