Crystal Specialist Finance and Together launch buy-to-let product for overlooked investors

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The mortgages, which also offer finance for student lets, multi-unit freehold blocks (MUFB) and development exits among others, are aimed at those property investors and landlords whom CSF and Together felt were currently being overlooked by the mainstream lenders.

These specialist areas, they said, were difficult to find finance for as the market shrank and lending restrictions had become tighter during the Covid-19 pandemic.

Jason Berry, group sales and marketing director of CSF, said: “Together’s latest buy-to-let product range not only addresses lending requests which are becoming more prevalent, but also provides some much-needed options for landlords and property investor customers who have seen criteria tighten since the start of the year.”

Sundeep Patel, head of intermediary sales at Together, added: “We are delighted to reinforce our partnership with the highly experienced team at Crystal to include our new range of buy-to-let mortgage products.

“The complexities which borrowers often demonstrate mean this product, as well as others we have recently launched, could be a perfect fit.

“Often a high level of expertise is required to place and administer this type of case, so alongside the CSF team, we provide underwriting resource so quick and definitive decisions can be made for brokers.”

The offering is available for individual or limited companies, portfolios, first-time landlords and first-time buyers. Bounce back loans and payment holidays, plus ex-pats and non-UK nationals, are also accepted.

Product highlights include rates from 4.99% up to 70% LTV, maximum loan £750k (£1 million by referral) with ICR for Limited Company and Basic Tax Rate at 125% and 145% for Higher Tax Rates and Top Slice allowed, where required.