LendInvest Mortgages launches new expat BTL deals and cuts rates

Published on

LendInvest Mortgages has announces the launch of its new expat buy-to-let mortgage products.

The new expat buy-to-let mortgages are designed specifically for expatriate landlords and offer up to 75% LTV.

They are available for standard properties, HMOs and MUFBs. To qualify, borrowers must have a minimum employment income of £50,000.

These 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 Mortgages 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.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Account executive joins Howden’s south Wales team

Howden has appointed Sian England as account executive. England has been working in the corporate...

Connells Group reports solid financial performance for 2024

Connells Group has reported profits before tax exceeding £60 million for 2024, marking a...

FCA updates on enforcement transparency

The Financial Conduct Authority (FCA) has provided an update on its enforcement transparency proposals,...

The Cumberland partners with Uinsure

The Cumberland has teamed up with Uinsure and will now use the fintech to...

Other news

Account executive joins Howden’s south Wales team

Howden has appointed Sian England as account executive. England has been working in the corporate...

Connells Group reports solid financial performance for 2024

Connells Group has reported profits before tax exceeding £60 million for 2024, marking a...

FCA updates on enforcement transparency

The Financial Conduct Authority (FCA) has provided an update on its enforcement transparency proposals,...