Keystone Property Finance has announced that its first mortgage application has completed since its relaunch as a specialist buy-to-let lender on 10 September.

The application was submitted by Mark Horsfall from Jigsaw Money Management via SimplyBiz Mortgages for his client, an experienced landlord with a portfolio made up of over 10 buy-to-let properties.

Horsfall submitted the full mortgage application for a new build flat in London to Keystone on 17 September. After a few hold ups due to third parties Keystone completed this deal on 23 November 2018.

David Whittaker, CEO at Keystone Property Finance, said: “We are delighted to have funded this new build flat in a multi-storey block – funding was ready pending snagging and practical completion.

“Mark now has a landlord portfolio shaped for future use with Keystone and a number of other specialist buy-to-let lenders.”

Martin Reynolds, CEO of SimplyBiz Mortgages, added: “Portfolio buy-to-let is a growing business area and I’m always interested to see what new perspective and benefits specialist lenders bring to the market.

“Throughout the application process, Keystone has remained committed to ensuring a really positive experience for both the broker, Mark at Jigsaw Money Management, and his client. This bodes well for its ongoing relationship with SimplyBiz Mortgages, as Keystone’s approach to customer services appears to be totally aligned with our own, and I look forward to working with them in the future.”