Gatehouse Bank has cut rates by 0.24% across its full range of 2-year fixed term buy-to-let (BTL) purchase plans, available to UK expats and international residents.

The changes apply on all standard and green 2-year products, including those for customers seeking finance for Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs).

The Bank’s range of green Buy-to-Let Purchase Plan products offer a reduced rental rate for customers acquiring or refinancing a property with an energy efficiency rating of A or B. Additionally, Gatehouse Bank will offset the carbon emissions generated by the average UK property for the product’s initial fixed term.

HIGHLY COMPETITIVE

Gemma Donnelly (main picture), head of customer propositions at Gatehouse Bank, said: “We are always looking for ways to support our customers based overseas to achieve their property ownership and investment goals and today’s rate reduction has been designed with this in mind.

“We remain committed to providing our customers with great value and support when financing property with us and are thrilled to be offering highly competitive rates within the UK Buy-to-Let market.”