Keystone Buy-to-let Mortgages will offer buy-to-let mortgage funding for professional property investors, with funding provided by Aldermore Commercial Mortgages.
With products exclusively aimed at investors with at least one other residential property investment, Keystone's launch is a further sign that banks are increasingly willing to lend to buy-to-let investors.
Mortgages on offer range from basic fixed and discounted buy-to-let mortgages, as well as more complex offers suitable for Houses in Multiple Occupation (HMOs) and multi-unit property transactions.
Stephen Ludlow, Chairman of ludlowthompson, says: "Banks consider lending for buy-to-let to be a safe investment because they always have the security of the property's value and the rental income it generates.
"There has been a gap in the market for mid-tier levels of borrowing for landlords wishing to fund multiple unit transactions, which Keystone plans to meet.
"The increased competition amongst lenders should also help to keep rates competitive."
ludlowthompson Mortgages provides a low cost comparison for landlords looking to choose from a growing number of mortgage products, with incentives such as free valuations, free legal fees, no early repayment charges or no completion fee.
Top Ten mortgages from ludlowthompson Mortgages:
- 5.99% fixed with an LTV up to 85% and a completion fee of 1%
- 4.79% discount with an LTV up to 80% and a completion fee of £2,999
- 5.99% discount with an LTV up to 80% and a completion fee of £1,100
- 4.49% tracker with an LTV up to 75% and a completion fee of £1,999
- 4.98% fixed with an LTV up to 75% and a completion fee of £1,999
- 3.74% discount with an LTV up to 70% and a completion fee of £899
- 3.85% discount with an LTV up to 70% and a completion fee of £995
- 4.74% tracker with an LTV up to 65% and a completion fee of £999
- 5.84% fixed with an LTV up to 65% and no completion fee
- 3.59% tracker with an LTV up to 60% and a completion fee of 2.5%
