Darlington Building Society has reintroduced foreign currency mortgages to its intermediary range, to support brokers with clients whose income is earned overseas.
The society confirmed that the relaunched product is designed for borrowers who are paid in foreign currencies but want to secure a UK mortgage.
The offering will be available across its residential and buy-to-let ranges, with the lender highlighting that demand from brokers has been steadily growing as more clients look to move or invest in the UK while maintaining international income streams.
Chris Blewitt, head of intermediary distribution at Darlington Building Society, said the relaunch underlined the mutual’s commitment to providing niche solutions. “We understand that brokers are dealing with an increasingly diverse client base, and we want to ensure that we are supporting them with the right tools,” he said.
“Bringing foreign currency mortgages back into our range gives advisers greater flexibility when helping clients who are based overseas or who are paid in different currencies.”
The product will be distributed exclusively through brokers, who can access it via the Darlington for Intermediaries channel.
The lender has been steadily building out its specialist proposition over the past year, with this move marking a significant extension of its criteria to meet growing demand from internationally based borrowers.
