Crystal Specialist Finance (CSF) has introduced a range of buy-to-let semi-exclusive deals, funded by West One Loans.
It features new options for first time landlords, HMOs, MUFBs, axpats, holiday and Airbnbs lets.
Aimed at both individuals and limited companies, rates start from 3.79% up to 70% LTV with a maximum loan of £500,000.
There is a 125% DCSR up to 70% LTV for limited companies/LLPs and lower rate taxpayers, while the rental stress calculation is based on rate of 5% or pay rate of five-year fixed product – starting from 3.99%.
The deals offer reduced legal fees and “faster completions” up to £500k with remortgages.
Properties owned for less than six months, high rise flats over five storeys, ex-local authority flats and deck access flats will be considered and there is no maximum property value.
Jason Berry (pictured), CSF’s interim group sales director, said: “During lockdown, West One have certainly been there for Crystal and our brokers. They have continued to underwrite and take a pragmatic view on cases which has ensured our brokers have been able to serve their customers through these incredible times.
“These new products underline the strength of the relationship we have and we are sure they will prove popular and provide greater options for property investors.”
Andrew Ferguson, managing director of buy-to-let at West One Loans, added: “We are pleased to offer these attractive products to a selection of our master broker partners, including Crystal.
“It’s been a challenging few months but we have continued to work closely with our key distribution partners, supporting the specialist needs of landlords and are confident our product tweaks will help continue the recent trend we are seeing of growing enquiry and application volumes.”
