Saffron For Intermediaries revamps expat buy-to let range

Published on

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.”

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

Redwood Bank strengthens underwriting team with senior appointment

Redwood Bank has appointed Omkar Hushing as senior underwriting manager as it continues to...

Confidence in homeownership falters despite renewed ambition

More than half of aspiring homeowners do not believe they will ever be able...

Precise helps borrowers with adverse credit secure 95% LTV home purchase

Precise has completed a 95% loan-to-value mortgage for two borrowers with historic adverse credit...

Landlords take more targeted approach to HMO investment

Landlords are increasingly adapting houses in multiple occupation to appeal to specific tenant groups,...

Conveybuddy completes Talbots Law integration to streamline conveyancing process

Conveyancing distributor conveybuddy has completed the full technology integration of panel firm Talbots Law...

Latest publication

Other news

Redwood Bank strengthens underwriting team with senior appointment

Redwood Bank has appointed Omkar Hushing as senior underwriting manager as it continues to...

Confidence in homeownership falters despite renewed ambition

More than half of aspiring homeowners do not believe they will ever be able...

Precise helps borrowers with adverse credit secure 95% LTV home purchase

Precise has completed a 95% loan-to-value mortgage for two borrowers with historic adverse credit...