Penrith BS returns to expat BTL and holiday let market Mortgage Strategy

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Penrith Building Society has relaunched its expat buy-to-let (BTL) purchase, expat BTL remortgage and expat holiday let products.

The maximum loan-to-value (LTV) is 70% and they all have a maximum loan size of £450,000.

The expat BTL remortgage also comes with a free valuation (up to a value of £1m).

These products will be available in England, Scotland and Wales.

Penrith Building Society head of products Tim Vigeon says: “Following the success of these products earlier this year, we have relaunched these products to meet broker demand.”

“We are delighted to be able to bring these expat products back to market and look forward to helping expats in the BTL/holiday let space.”


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