RAW Capital Partners has unveiled a new, lower fixed rate product, with over £100 million available to lend to foreign nationals and UK expats looking to purchase UK buy-to-let properties.

The Guernsey-based investment management firm, through its RAW Mortgage Fund, provides specialist buy-to-let mortgages and plans to grow the fund from £175 million to £1 billion in the coming years.

It has a new introductory fixed rate of 6.99%, with loans sizes ranging from £50,000 to £4 million on a single property, and up to £8.5 million to a single borrower.

RAW Capital Partners lends up to 65% LTV. Its underwriting commences from day one and says a decision in principle is typically delivered within 24 hours.

Ben Nichols (pictured), interim managing director of RAW Capital Partners, said: “The RAW Mortgage Fund continues to grow. This puts us in a strong position to better serve borrowers based outside of the UK as we look to deploy buy-to-let mortgages at pace and to a wider range of clients.

“Our specialism in working with brokers that have international clients – a group that often struggles to find support from other buy-to-let lenders – certainly sets us apart. Combined with that expertise, the availability of £100 million in capital and a willingness to lend, we’re confident that the RAW Mortgage Fund will continue to gain traction in the months to come.”