Since entering the market in June 2011, the company has also revealed it has issued terms of over £25m, including refinancing, purchasing and capital raising applications for first-time landlords, multiple property owners and limited companies.
The Walsall-based buy-to-let packager has a portfolio available of over 100 products, with loans available from £25,000 to £10,000,000 and LTV's up to 80%.
Roger Dewsbery, senior underwriter at Crystal Mortgages, said:
"Our move into buy-to-let packaging has already paid dividends, and we will continue to introduce the best possible products and judge each application on its merit.
"We entered the market one year ago to support the tens of thousands of good buy-to-let owners who were being restrained financially, citing high street banks over-reliance on automated answering systems. The situation is the same now as it was then."
Crystal Mortgages, an independent commercial mortgage finance & bridging loan specialist operating in England, Scotland and Wales, recently announced one of the most successful quarter's in the company's recent trading history.
Terms were issued on £87m of new business applications from January to March 2012, compared to £69m in the corresponding period in 2011, with completions up 37% and applications up 36% year-on-year.
The average loan size also increased to £262k from £209k, with the largest deal during the period a £1.6m refinance of a mixed use commercial property portfolio.
The company provides a range of exclusive commercial mortgage products and their own exclusive funding lines, ensuring the customer receives the best possible product.
