The lender said the 70% loan-to-value product was available for individual landlords – including those who were moving into the sector for the first time – or limited companies.

And it comes as latest figures from the Office for National Statistics revealed almost four million British people lived abroad, with almost 800,000 in Europe alone.

What’s more, said Buckinghamshire, the latest data released for July by mortgage technology provider Twenty7Tec,showed there has been a surge in demand for buy-to-let property, with significantly more tenants seeking homes to rent.

Indeed, the lender said its ex-pat product was available to those who are residing abroad, either renting or as homeowners, who wished to retain a link in the UK.

Tim Vigeon, head of lending, at Buckinghamshire Building Society said: “We have no maximum age at entry or exit, which is something that is unique in the market.

“We have had a number of enquiries regarding this type of lending in the past, with people looking to rent out a UK property as part of their long-term financial planning.”

Buckinghamshire has a list of accepted countries in which borrowers must be either living or working in order to qualify.

Vigeon added: “Customers will of course be subject to our usual affordability criteria, and as long as they have a UK bank account from which to pay the mortgage and receive the rent, we believe this will prove, once again, a popular addition to our buy-to-let offering.”