Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.
Keystone Launches Special-Edition HMO and MUFB Buy-to-Let Products
Keystone Property Finance has introduced special-edition house in multiple occupation (HMO) and multi-unit freehold block (MUFB) products as part of a refinement to its buy-to-let (BTL) range. The new products are priced 0.15% lower than Keystone’s core offerings, with rates starting at 3.34%.
The lender has also simplified its fee structure, now offering 2.5%, 5%, and 7% fees across its standard, specialist, expat, and holiday let ranges. In addition, Keystone has streamlined its product range to feature one set of rates for all property types.
These changes are designed to make it easier for brokers to identify suitable solutions for their clients, particularly those investing in higher-yielding properties such as HMOs and MUFBs. The special-edition products are available on both small and large HMOs up to £1.5 million.
For letting agents and inventory clerks, these updates may be relevant for landlords seeking new finance options for HMO and MUFB properties, potentially impacting demand and management requirements in the sector.
Source: Mortgage Solutions