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Keystone’s buy to let contract with Paratus AMC ends

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  • 07/09/2018
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Keystone’s buy to let contract with Paratus AMC ends
Keystone Property Finance has confirmed that its funding contract with Paratus AMC, which resulted in the origination of nearly £200m in loans, has come to an end after three years.

 

Keystone’s CEO David Whittaker will be announcing new future plans on Monday 10 September.

Managing director of Mortgages for Business Steve Olejnik (pictured), which owns the Keystone lending brand, said he is delighted with the results of this partnership, after having completed a further £200m with its previous funding partner Aldermore Bank.

He added: “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 the partnership 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,” he added.

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