Keystone Property Finance has expanded its holiday let range with the launch of new products aimed at multi-unit properties.
The specialist buy-to-let lender will now finance holiday let properties containing up to six units, widening its scope beyond single-unit lending. The move follows growing demand from brokers for more flexible solutions in the short-term rental market.
The new products include a five-year fixed rate at 5.89%, available up to 75% loan-to-value (LTV) with a 5.5% arrangement fee, and a five-year fixed rate at 6.44%, also up to 75% LTV, but with a reduced 2.5% arrangement fee.
Elise Coole, managing director of Keystone Property Finance, said: “Brokers have told us there is growing demand for multi-unit holiday let solutions. Holiday lets remain an important part of the buy-to-let landscape, and intermediaries are asking for more flexibility to support clients investing in larger, more complex properties.
“By broadening our range, we’re making it easier for brokers to place these cases with confidence and give their clients the options they need. We’ll continue to do that to ensure that our products evolve in line with landlords’ needs.”
The introduction of multi-unit lending adds further depth to Keystone’s specialist offering as landlords seek to diversify portfolios and respond to demand in the holiday rental sector.
