"We've listened closely to feedback from our customers and partners, and we understand the challenges that expat landlords face when seeking property finance."
- Sophie Mitchell-Charman, commercial director at LendInvest
LendInvest has announced the launch of new expat buy-to-let mortgage products.
The new expat buy-to-let mortgages are designed specifically for expatriate landlords, providing them with greater flexibility and competitive terms. The products offer up to 75% LTV and are available for standard properties, HMOs and MUFBs. To qualify, borrowers must have a minimum employment income of £50,000.
The products are tailored exclusively for experienced landlords, ensuring they meet the needs of those who understand the complexities of property investment from abroad. The mortgages are available to limited companies, special purpose vehicles (SPVs), and limited liability partnerships.
At the same time LendInvest has cut its buy-to-let rates, with 75% LTV products now starting from 3.64%.
Sophie Mitchell-Charman, commercial director at LendInvest, said: "We've listened closely to feedback from our customers and partners, and we understand the challenges that expat landlords face when seeking property finance. Our new expat buy-to-let mortgage products are designed to provide fast, simple solutions, helping expat landlords to manage their portfolios more effectively from abroad."
