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Lucky DIP Raffle from UTB

LUCKY DIP RAFFLE WITH UTB - EXCLUSIVE ENHANCEMENT WITH CRYSTAL United Trust Bank and Crystal Specialist Finance have teamed up to offer you a fast, flexible and dependable short term loans service with a twist... EXCLUSIVELY via Crystal - For every regulated and non-regulated bridging loan DIP submitted this summer (not just those over £500k), you will earn an owl point and a raffle entry to win great prizes and experiences. The more DIPs you do the more raffle entries you get and the more prizes you can choose from if you win. Plus your clients will also get £500 cashback on completion of any bridge with UTB submitted through Crystal over £500k. Why not get involved by simply sending us your Bridging applications and...

Crystal go west to offer new limited distribution Buy-to-Let product range

CRYSTAL SPECIALIST FINANCE GO WEST TO OFFER LIMITED BUY TO LET PRODUCT RANGE West One's new limited distribution buy to let product range has been made available through leading packager, Crystal Specialist Finance (CSF). As well as standard buy to let applications, the exclusive offering also covers small licensed HMOs up to a maximum of six units, multi-unit freehold blocks, holiday lets including Airbnb and properties owned by ex-pats. Product highlights include rates from 3.39%, up to 80% LTV, loans from £50k to £2m, first-time landlords including HMOs, faster completions and reduced legal fees for qualifying remortgages up to £750k and no additional interest rate loading for limited company applications. There is also no credit scoring and underwriting is based on credit assessment Jo Breeden, Managing Director...

Crystal Specialist Finance launches new specialist residential offering

Crystal Specialist Finance (CSF) has launched a new Specialist Residential offering to meet growing demand from brokers looking to place complex first charge residential cases. The move will initially focus on areas such as later life lending, ex-pats, 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. To meet the wide spectrum of possible required outcomes new panel agreements have also been agreed with a number of building societies including Family Building Society, Market Harborough Building Society and Tipton & Coseley Building Society. Jo Breeden, Managing Director of CSF, said: “We have dealt with specialist residential requests in the past to support other applications, but...

The Crystal Ball Kicks-Off 2019 in Style

Annual Crystal Specialist Finance event awards companies and employees for exceptional support Crystal Specialist Finance kicked off 2019 in style with their annual Crystal Ball, a lavish gala evening which awards top finance companies and company employees for their hard work over the previous calendar year. Under the theme “Celebrating Success” – which recognised 2018 as another record breaking 12 months for the business – 120 distinguished guests from over 30 companies attended The Belfry Hotel and Resort to witness the presentation of 10 lender and six staff awards. Winners in categories including Bridging, Buy-To-Let, Residential and Secured Loan Lenders of the Year included Precise Mortgages, Together, Pepper Money, Prestige, VAS Panel, Shawbrook Bank, Seneca Bridging and UInsure. Jo Breeden, Managing Director of Crystal Specialist...

Crystal appoints new Head of Bridging Finance

Crystal Specialist Finance has appointed Harriet Smith (pictured) as head of bridging finance. Smith joins from Masthaven Bank where she previously held the position of business development manager and worked across bridging, development and mortgages. Prior to this Smith spent nearly eight years at Borro Private Finance. The responsibilities of the new role include delivering future growth targets and contributing to the ongoing education programme of brokers through meetings, seminars and webinars. Smith comments: “The bridging market in the UK continues to perform well, and Crystal has a well-established position in the sector. “I am looking forward to building on the foundations they have laid and working closely with both brokers and lenders.” Managing director Jo Breeden adds: “Harriet needs no introduction, her knowledge, calibre…

IT solutions reinforce record breaking year For Crystal Specialist Finance

A successful rollout of market-leading IT solutions has resulted in higher completions and reinforced another record year for Crystal Specialist Finance. Throughout 2018 the business issued terms of £2.33bn from 87 high street and specialist lenders and completed with 53, against 59 and 46 respectively in 2017. Completions saw the biggest increase across key performance indicators, with completion value up 40% and applications reaching drawdown up 18%. Overall application numbers were up 8% against 2017. Acknowledged as one of the UK’s leading specialist finance distributors, the multi-award winning company puts the record year down to a greater integration of IT solutions with both brokers and lenders. Jo Breeden, Managing Director of Crystal Specialist Finance, said: “Through the use of intuitive IT we are able to...

Crystal appoints new Head of Second Charge Lending

CRYSTAL SPECIALIST FINANCE PLANNING FOR FURTHER GROWTH WITH SENIOR SECOND CHARGE LENDING APPOINTMENT   Crystal Specialist Finance (CSF) has appointed Frances Winstanley as its new Head of Second Charge Lending. One of the business’s five core specialist divisions, the team has seen a large increase in activity over the last 12 months due to the macro-economic environment whereby purchase transactions are down across the industry, while remortgages and product transfers are steadily increasing. Winstanley, whose role will be to continue to develop and grow the division, joins from A-Plan Insurance where she held the position of Senior Account Executive, before which she worked for Ocean Finance & Mortgages. She will report directly to Jo Breeden, Managing Director of CSF, who said: “Second charge lending is...