Keystone is placed to lend to landlords borrowing both personally and through a variety of corporate structures including individuals, SPVs, LLPs and trading limited companies.
As an intermediary-only lender, brokers will submit and track applications using a new cloud-based platform called MyKeystone.
In preparation for the relaunch, Keystone recently moved into new offices in Kings Hill, West Malling, and appointed Elise Coole as the new Operations Director supported by an enlarged team of BDMs, underwriters and case managers.
Whittaker, who was previously the CEO of Mortgages for Business , will no longer run the brokerage, but remains CEO of the Property Business Group which also owns Keystone.
David Whittaker, CEO of Keystone Property Finance, comments:
“The step up to full lender status corroborates our performance so far. Over the last six years we have successfully originated more than £400m of loans via intermediaries, networks and mortgage clubs and we have made a name for ourselves as true specialists willing to go the extra mile. With the support of our new funding partner, we are delighted to offer competitive rates starting at 2.99%."
“As the buy to let market realigns to the new tax and regulatory landscape, it is important that as a lender Keystone provides products and systems to enable brokers to support their landlords through this period of change. We are particularly proud to be the first lender to incorporate The Buy to Let Hub which allows brokers to shape, analyse and report on landlord portfolios to an ever-increasing number of specialist buy to let lenders.“
