RAW Capital Partners has completed a buy-to-let mortgage at a loan-to-value of 70%, marking the first transaction at its newly increased LTV limit.

The Guernsey-based investment manager, which lends through the RAW Mortgage Fund, has traditionally capped LTV at 55%, with limited second charge options.

From 1 July 2025, the firm increased this threshold to 70%, signalling a more flexible approach to underwriting, particularly in complex cross-border scenarios.

The inaugural case under the revised policy involved a Shanghai-based couple acquiring a two-bedroom flat in North London. The clients, both teachers, include a UK expat and a Chinese national.

Despite their modest incomes and the added complications that can arise when placing cases for Chinese nationals, the lender approved a £350,000 loan following detailed due diligence and enhanced know-your-customer checks.

RAW Capital Partners said the application came via a broker who had struggled to place the case elsewhere, with many lenders hesitant to engage with similar profiles.

Tim Parkes, chief executive of RAW Capital Partners, said the firm’s personalised approach enabled it to support both overseas and expat borrowers in a single transaction.

“It has been great to see such early uptake following the introduction of our new LTV limit,” said Parkes.

“It’s something we’ve been planning for some time, so it’s encouraging that brokers and borrowers are already seeing the value in it, with a high volume of applications coming in since we announced the change.”

He added that the case demonstrated how the revised LTV could be combined with RAW’s core offering, including rapid decisions in principle and no stress testing, to deliver pragmatic solutions in a competitive timeframe.

“This case is a good example of how the updated LTV limit allows us to better support expat and overseas borrowers,” said Parkes.

“We’re pleased to get off to a strong start in this new era and to build on our relationship with the broker.”