Buy-to-letNews

Keystone’s buy-to-let contract with Paratus AMC ends

Keystone’s funding contract with Paratus AMC has ended after three years after originating close to £200m in loans.

Steve Olejnik, managing director of Mortgages for Business, which owns the Keystone lending brand said: “Having completed nearly £200m with our previous funding partner, Aldermore Bank, it was great to achieve a further £200m during our partnership with Paratus.

“It was also an important step for Keystone to be a part of the Paratus ‘Twin Bridges’securitisation programme and my thanks go to Hans, Anthony and the team for their support. We wish them every success in growing their Foundation Homeloans brand.”

Andrew Ferguson, commercial director of Paratus AMC, said: “It was a great partnership with Keystone over the past three years which was very helpful in supporting Paratus AMC’s return to lending.

“We have no doubt Keystone will continue to be a successful player in the buy to let market.”

David Whittaker, chief executive, will be announcing plans for Keystone Property Finance on Monday 10 September.

 

 

 

 

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