Keystone Property Finance has launched into semi commercial lending.

Within the new semi commercial range, landlords can choose from a number of two- and five-year fixed rates with rates starting at 7.14%.

The products are available for both purchase and remortgage cases.

The maximum loan size is £2 million, with lending covering the entire property and affordability assessed solely on the residential rental income.

Keystone’s semi commercial products are available across a wide range of property types, including standard units, HMOs, multi-unit freehold blocks (MUFBs), and holiday lets. Lending is open to limited companies, trading limited companies, SPVs, LLPs, and individual borrowers.

The move follows the introduction of Keystone’s first refurb to let product range last year.

Keystone managing director Elise Coole says: “This is a really exciting expansion for Keystone. We already have one of the most comprehensive product ranges in the specialist buy to let market, but we’re always in dialogue with brokers about where the gaps are.”

“What we’ve heard consistently is that landlords are increasingly looking beyond traditional buy to let in search of stronger yields and greater diversification, yet semi commercial remains underserved by lenders relative to the demand that’s out there.”

“That’s why, over the past twelve months, we’ve made two significant moves into new segments – first Refurb to Let and now semi commercial. Both have been driven by clear, broker-led demand and reflect our commitment to expanding where brokers genuinely need more support.