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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 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.”

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

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.