Keystone Property Finance has expanded its holiday let range to embrace new multi-unit holiday let merchandise.
Keystone, which launched the brand new merchandise in direct response to suggestions from brokers, will now lend on properties containing up to six models.
The new range features a 5.89% five-year mounted price, out there to 75% loan-to-value (LTV), with a 5.5% association charge.
In addition, there will likely be a 6.44% five-year mounted price, out there to 75% LTV, with a 2.5% association charge.
Keystone Property Finance managing director Elise Coole says: “Brokers have instructed us there may be rising demand for multi-unit holiday let options. Holiday lets stay an essential a part of the purchase to let panorama, and intermediaries are asking for extra flexibility to assist purchasers investing in bigger, extra advanced properties.”
“By broadening our range, we’re making it simpler for brokers to place these instances with confidence and provides their purchasers the choices they want. We’ll proceed to do this to make sure that our merchandise evolve in keeping with landlords’ wants.”
