Crystal go west to offer new limited distribution 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 of CSF, said: “West One’s limited buy to let range not only addresses lending requests which are becoming more prevalent, but they have streamlined the entire application process to deliver very quick completions, especially for remortgages where speed is essential.”

Marie Grundy, Sales Director at West One Loans, added: “We are delighted to extend our partnership with the highly experienced team at Crystal to include our brand new range of buy to let mortgage products.

“Our proposition is designed to provide even greater options for landlords in a constantly evolving market supported by streamlined processing, bespoke technology and a commitment to delivering service excellence.

“The great news is that intermediary partners of Crystal and their customers can now access our full range of lending products including buy to let mortgages, second charges, bridging and development finance.”

CSF operates across six specialist divisions: Bridging, Buy to Let Mortgages, Commercial, Development Finance, Second Charge Loans and Specialist Residential.

The business works with brokers across the whole of the UK with the company having access to over 100 lenders, including exclusive product lines and lenders with an extremely limited distribution.