One of our prime lenders has an appetite to lend to UK nationals residing outside the UK (expats) for property investment purposes – typically BTL (Buy To Lets).
The main criteria are:
- A relevant satisfactory UK financial track record with a UK bank account
- Own a UK investment property with at least one years mortgage history
- Independent personal income to support their other financial commitments
- In a strong enough financial position to withstand interest rate rises or any tenancy voids