Crystal and Together launch complex buy-to-let offering

Properties incorporated into the new offering include holiday lets, HMOs, student lets, MUFBs and development exits, as well as others which have been difficult to find finance for as the market shrank and lending restrictions became tighter during the Covid-19 pandemic.

The offering is available for individual or limited companies, portfolios, first-time landlords and first-time buyers. Bounce back loans and payment holidays, plus ex-pats and non-UK nationals, are also accepted.

Rates start from 4.99% up to 70% LTV on a maximum loan of £750,000 (£1m by referral) with ICR for limited company and basic tax rate at 125% and 145% for higher tax rates and top slice allowed, where required.

Jason Berry, group sales and marketing director of CSF, said: “Together’s latest buy-to-let product range not only addresses lending requests which are becoming more prevalent, but also provides some much needed options for landlords and property investor customers who have seen criteria tighten since the start of the year.”

Sundeep Patel, head of intermediary sales at Together, added: “We are delighted to reinforce our partnership with the highly experienced team at Crystal to include our new range of buy-to-let mortgage products.

“The complexities which borrowers often demonstrate mean this product, as well as others we have recently launched, could be a perfect fit. Often a high level of expertise is required to place and administer this type of case, so alongside the CSF team, we provide underwriting resource so quick and definitive decisions can be made for brokers.”