Buy to Let Mortgage for Foreign Nationals Buying Investment Property in the UK
General Lending Criteria: Buy To Let Mortgage for Foreign Nationals Buying Investment Property in the UK
- Purchases or Remortgage
- Interest only or capital + interest repayment
- Mortgages up to 75% Loan to Value
- Lending to Limited companies considered
HMO Mortgages Suitable for Foreign Nationals
If you are a foreign national a non UK passport holder living and working outside the UK and want to invest in UK property, we can still assist with arranging a buy to let mortgage
One of our panel lenders can lend to Foreign Nationals. These applicants will be non-UK citizens and non-EU citizens, who want to invest in the UK property market. Applicants will be required to have a UK bank account and travel to the UK to prove identity and sign documents at a solicitor’s office.
These lenders provide good terms and flexibility, coupled with interest-only options, if required. They can accommodate a wide range of properties and lending is available up to 75% LTV.
Typical Mortgage Criteria (Non-UK Nationals)
- Maximum lending up to 75% LTV
- Interest rates from 6.39%
- Maximum loan amount £400,000 (subject to LTV)
- Minimum loan only £3,000
- Maximum mortgage term 15 years
- Minimum mortgage term 5 years
Applicant Profile
- Any Nationality considered
- Resident in virtually any country
- Do not need to own current UK property
- Evidence and source of deposit funds required
Types of Property
- Properties of standard construction
- Freehold houses
- Leasehold flats and maisonettes
- Flats above retail shops (some restrictions apply)
- England, Scotland & Wales
Available on-line at www.btl-direct.com