Keystone Property Finance has expanded its Refurb to Let range with the introduction of higher loan-to-value (LTV) products, increasing access to short-term refurbishment finance for landlords.
The specialist buy-to-let lender has added two new short-term options for loans between £100,000 and £1m. Rolled-up interest products are now available up to 70% LTV, while serviced interest options rise to 75% LTV.
Rates across the Refurb to Let range continue to start from 0.85% per month, with terms of up to six months. Landlords can opt for rolled-up interest, deferred until the end of the term, or serviced interest paid monthly. There are no exit fees or early repayment charges.
LIGHT REFURBISHMENT
Launched in April 2025, the range is designed to support light refurbishment projects, including property upgrades and conversions to HMOs of up to six occupants. On completion of works, borrowers can switch onto Keystone’s Refurb Exit fixed rate products, with rates starting from 4.44%, or redeem the facility.
The exit range offers 2- and 5-year fixes and additional borrowing of up to 80% LTV, subject to underwriting and a free revaluation.
CLEAR APPETITE
Elise Coole (main picture, inset), managing director of Keystone Property Finance, says: “Since launching our Refurb to Let range last April, we’ve seen consistently strong demand from brokers supporting landlords with light refurbishment projects. There is clear appetite for short-term funding that offers a straightforward route onto longer-term finance.
“By expanding the range and increasing LTVs on loans up to £1m, we’re purposely widening access to refurb finance. This gives more landlords the ability to take on smaller-scale projects or convert properties into HMOs.
“This enhancement reflects both the success of the original launch and our wider growth strategy. By expanding our short-term offering, we’re reinforcing our end-to-end proposition and further strengthening Keystone’s position in the specialist buy-to-let market.”
