Keystone Property Finance has secured a funding line, which will support its ambition to “significant boost its lending volumes”.
The funding line is provided by a well-known international investment bank and complements its existing duo of long-standing funding partnerships in place.
The firm said the funding line is a “sign of confidence” in its lending position and the buy-to-let (BTL) market more widely.
Keystone Property Finance said the funding line would not only boost its capacity but accelerate its digital roadmap and drive further operational efficiencies.
David Whittaker, Keystone Property Finance’s CEO, said: “This new funding line marks a pivotal moment for us as a lender and is a clear vote of confidence not just in our business model, but also the long-term future of the buy-to-let market.
“With this additional capacity, we will not only be able to significantly scale our lending volumes but also support a much broader range of landlords in obtaining the finance they need.
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“It will also allow us to accelerate our digital roadmap and further streamline our processes. This means we will be able to provide an even slicker service to brokers, helping us to cement our place as a leading lender in the specialist buy-to-let market.”
Keystone Property Finance recently struck a technology partnership with valuation panel management firm Method to streamline its valuation process and launched an artificial intelligence (AI) tool to boost efficiency.
The firm also completed its fifth securitisation in July.