A buy-to-let expat mortgage is specifically designed for property investors who are based overseas, but still want to purchase property in the UK.
- Loans from £150k to £3m per property
- Up to £10m on a portfolio with MFS
- LTV: 75% (the same as non-expats)
- Interest rates: variable & fixed rates available
- No UK footprint required
- No minimum income if an experienced landlord
- Charge type: 1st charge
- Term: 3 years – no exit charges after 2 years
- Completion time: from 10 days
- Location of property: England, Wales
- Offshore trusts accepted
- Companies based anywhere other than sanctioned countries