New expat BTL range from LendInvest Mortgage Finance Gazette

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LendInvest Mortgages has launched its new Expat Buy-to-Let mortgage range.

The new Expat Buy-to-Let mortgages, designed specifically for expatriate landlords, offer up to 75% LTV and are available for standard properties, HMOs and MUFBs. To qualify, borrowers must have a minimum employment income of £50,000.

The products are tailored exclusively for experienced landlords, who understand the complexities of property investment from abroad. The mortgages are available to limited companies, special purpose vehicles (SPVs), and limited liability partnerships.

In addition to the expat launch, LendInvest has cut its BTL rates, with 75% LTV products now starting from 3.64%.

LendInvest commercial director Sophie Mitchell-Charman commented: “We’ve listened closely to feedback from our customers and partners, and we understand the challenges that expat landlords face when seeking property finance.

“Our new Expat Buy-to-Let mortgage products are designed to provide fast, simple solutions, helping expat landlords to manage their portfolios more effectively from abroad.”

The new expat products are now available on the LendInvest Mortgages Portal.