Crystal moves into later life with new specialist residential offering
Crystal Specialist Finance has launched a new specialist residential offering to help brokers place complex first charge cases.
"Broker demand has reached a point where a standalone service is required to build a comprehensive offering while maintaining our first-class service."
Crystal says the move will initially focus on areas such as later life lending, expats, foreign nationals, adverse credit, self-employed and contractors.
Panel lenders have been sourced from existing partners including Foundation Home Loans, Masthaven, Pepper Money, Precise Mortgages, The Mortgage Lender and Together.
New panel agreements have also been agreed with a number of building societies including Family Building Society, Market Harborough and Tipton & Coseley.
Jo Breeden, managing director of CSF, said: “We have dealt with specialist residential requests in the past to support other applications, but broker demand has reached a point where a standalone service is required to build a comprehensive offering while maintaining our first-class service.
“Our lender panel has been carefully selected to ensure we have strong offering across a whole gambit of complex residential requirements, with each able to bring a unique proposition to the table.
“Ultimately we position ourselves as a ‘one-stop shop’ across all specialist finance sectors so we have to change and adapt with market conditions. We want every broker to know that Crystal will find the right solution for their clients, no matter what their situation.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC