RAW Capital Partners said its UK mortgage proposition generated a third of new business in the first quarter, after the Guernsey-based specialist lender extended the range to UK residents in December 2025.
The lender, which has spent the past 10 years providing bespoke mortgages to foreign nationals, UK expats and Channel Islanders buying UK buy-to-let property, said the early performance of the new proposition marked a strong start.
RAW Capital Partners said it wrote as many loans to UK-resident borrowers in the first three months of 2026 as it had during the whole of 2025, underlining the pace of growth following the launch.
The business said most of the new customers were corporate borrowers, an area that fits with its existing experience of lending to offshore structures.
The lender also reported a sharp rise in the number of borrowers servicing debt from UK bank accounts. It said this increased from about 2% in 2025 to around 15% in the first quarter of 2026, after an earlier change to its proposition allowed foreign national borrowers to make payments this way.
RAW said it still accepts payments from either UK or non-UK bank accounts, subject to eligibility.
Tim Parkes (pictured), chief executive of RAW Capital Partners, said: “It’s encouraging to see such strong uptake for our UK mortgage proposition following its launch in December.
“Opening up our products to UK residents was a natural next step for the business after 10 years of supporting complex overseas clients investing in UK property, and we are pleased to see that the product range has been well received by brokers so early on.”
Parkes added that recent changes to the lender’s servicing options also appeared to be gaining traction with borrowers.
He said: “The rise in borrowers servicing their debt from UK bank accounts also reflects the value of making practical changes in response to borrower and broker needs.
“It’s a good example of how we continue to adapt our offering in line with the challenges the market is facing, and that approach will continue to shape our products and proposition.”
