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.”

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

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...

Conveyancer decline adds to capacity pressure as exchange times lengthen

The number of solicitors working in residential conveyancing has continued to fall as separate...

Skipton extends Delayed Start mortgage to more home movers

Skipton Building Society has widened access to its Delayed Start Mortgage, allowing more home...

Capco urges firms to keep customer outcomes central amid Consumer Duty reforms

Proposed changes to the scope and proportionality of Consumer Duty could reduce unnecessary compliance...

Latest publication

Other news

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...

Conveyancer decline adds to capacity pressure as exchange times lengthen

The number of solicitors working in residential conveyancing has continued to fall as separate...