Saffron For Intermediaries revamps expat buy-to let range

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The Saffron Building Society has unveiled a refreshed range of expat mortgages for landlords looking to purchase or re-mortgage a buy-to-let property in the UK whilst living abroad.

New features include the following:

  • New 55% LTV band
  • New fixed rate now available up to 75% LTV
  • No restriction on countries – Expat Landlords can live in any location around the world including Australia, New Zealand and the USA
  • Available to first-time buyers
  • Regulated buy-to-let accepted from non-EEA countries
  • No UK mortgage history required
  • No minimum income

Colin Field, CEO at the Saffron Building Society, said: “With high numbers of UK Nationals living overseas and the launch of Saffron’s enhanced expat buy-to-let offerings there has never been a better opportunity for brokers to introduce this product range to existing and would be customers residing abroad.”

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