We've enhanced our criteria!

As of the 5^th of April, we are excited to announce that we have increased the LTV of our standard BTL range to 80%. The decision to increase our maximum LTV from 75% to 80% opens up our standard and green ranges to landlords with smaller deposits.

Following these product changes, we have also made improvements to our lending criteria, as we can now:

• Lend on HMOs of up to 15 beds and multi-unit properties (MUP) of up to 15 flats, both up from 10 previously.

• Accept first-time landlords purchasing an HMO property of up to six beds (HMOs were not available to FTBs before) or a multi-unit property of up to six flats (up from four previously).

• Lend to retired ex-pat applicants, who can choose from our separate new range with rates starting at 3.34%.

As well as enhancing our criteria, we have also improved our cashback offering from a maximum of £3,000 to a maximum of £5,000. The new cashback tiers are as follows:

• £1,250 for loans between £150,000 - £400,000;
• £2,000 for loans between £400,001 - £750,000;
• £3,000 for loans between £750,001 - £1,000,001;
• £4,000 for loans between £1,000,001- £1,500,000;
• £5,000 for loans between £1,500,001 - £2,000,000.

View our updated lending criteria here >>

View our ex pat range here >>

If you have any queries about our enhanced criteria, do call the broker hotline on 0345 148 9086 or email enquiry@keystonepropertyfinance.co.uk.