Keystone Property Finance has launched a new limited edition 'Summer Special' range offering LTVs of up to 80% to landlords purchasing or refinancing HMOs with up to six occupants.
Part of Keystone’s specialist product range, the new two and five-year fixed rates are priced at 5.79% and 5.99%, respectively.
These products are aimed at experienced landlords seeking to maximise returns on higher-yielding HMO properties.
With the launch of this new range, Keystone becomes one of a few lenders to offer HMO products up to 80% LTV.
Both products in the range have a low arrangement fee of 2.5% and a maximum loan size of £750,000.
Elise Coole, managing director of Keystone Property Finance, commented: “HMO properties remain one of the most resilient and rewarding parts of the buy-to-let market, and our new Summer Special products are designed to help landlords capitalise on that opportunity.
“With this exclusive launch we are able offer up to 80% LTV on HMOs, giving experienced landlords a unique opportunity to grow, diversify or refinance their portfolios with competitive fixed rates and straightforward criteria.”
