Crystal Mortgages hits £2m BTL mark in 14 days
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Crystal Mortgages has issued terms of over £2m since entering the buy-to-let market just 14 days ago.
The company says it has been inundated with applications, many of whom had previously been turned down for finance by their own lenders.
Roger Dewsbery, senior underwriter at Crystal Mortgages, says: “The level of applications we are receiving are extremely high with good portfolios, solid business plans and a fine credit rating, I cannot understand why these people are struggling to place their buy-to-let mortgage applications.
“It goes back to the original statement and reason for entering the market, the industry has become so over-reliant on automated systems that they are blind to good opportunities.
“Our move into buy-to-let packaging has already paid dividends, and we are extremely happy to judge each application on its merit and assist as many individuals and companies as possible.”
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