Keystone Property Finance has launched a brand new restricted version Summer Special range providing LTVs of as much as 80% to landlords buying or refinancing HMOs with as much as six occupants.
Part of Keystone’s Specialist product range, the brand new two and five-year fastened charges are priced at 5.79% and 5.99%, respectively.
The merchandise are geared toward skilled landlords trying to maximise returns on higher-yielding HMO properties.
Both merchandise within the range even have an association charge of two.5% and have a most mortgage measurement of £750,000.
Commenting on the launch Keystone Property Finance managing director Elise Coole commented: “HMO properties stay probably the most resilient and rewarding components of the purchase to let market, and our new Summer Special merchandise are designed to assist landlords capitalise on that chance.
“With this unique launch we’re in a position supply as much as 80% LTV on HMOs, giving skilled landlords a singular alternative to develop, diversify or refinance their portfolios with aggressive fastened charges and simple standards.”
