Keystone Property Finance has completed more than £1bn in buy-to-let loans.

The milestone has been reached four years on from the specialist buy-to-let lender’s relaunch and 12 months after hitting £600m in lending.

To support its continued growth, Keystone recently unlocked fresh capital following the successful completion of its second-ever securitisation in September 2022.

Hops Hill No.2 plc contains £300 million-worth of buy-to-let loans originated by Keystone. It is part of a forward-flow agreement with investment firm UK Mortgages Limited (UKML), which is managed by TwentyFour Asset Management.

The proceeds from the issue are going entirely towards funding new lending and bringing new products to market for mortgage intermediaries and their landlord clients.

Elise Coole, managing director of Keystone Property Finance, said: “This milestone is a fantastic achievement for the business and is testament to all the hard work of our staff over the past four years.

“We are also very grateful to our brokers who have supported us ever since our relaunch and helped us to grow the business at the speed we have.

“Keystone is now firmly established as one of the go-to lenders in the specialist buy-to-let market and our recent securitisation is another important milestone in our ongoing evolution.

“The fact we were able to achieve such favourable pricing in very difficult market conditions is a major vote of confidence in everything we are doing here to ensure we offer a leading proposition to brokers and landlords whilst lending sensibly.

“We have a built an incredibly strong platform over the past four years and we have the added firepower and capital to continue that good work by giving brokers and landlords more of what they want and need at competitive prices.”