Keystone Property Finance has secured a new funding line with an international investment bank to boost its lending volumes.
The new funding line is in addition to the two long-standing funding partnerships already in place.
Keystone Property Finance chief executive David Whittaker says: “This new funding line marks a pivotal moment for us as a lender and is a clear vote of confidence not just in our business model, but also the long-term future of the buy to let market.”
“With this additional capacity, we will not only be able to significantly scale our lending volumes but also support a much broader range of landlords in obtaining the finance they need.”
“It will also allow us to accelerate our digital roadmap and further streamline our processes.”
Last week, Keystone announced it had entered into a new technology partnership with valuation panel management firm Method.
The partnership aims to streamline the valuation process for its brokers and landlord clients on all valuations including the more complex ones such as houses of multiple occupancy and multi unit freehold buildings.