RAW Capital Partners has reduced the rates on its two most popular products for non-UK residents and UK expats.
Its introductory fixed rate has been reduced from 6.99% to 6.49% for a limited time.
The 6.49% introductory fixed rate is available for expats and non-UK residents so long as they complete before 31st October 2024.
In addition, the buy-to-let asset must be located in a major UK town or city.
The variable rate product is now priced at an interest rate margin of 2.25% above Bank Rate.
Ben Nichols (pictured), interim managing director of RAW Capital Partners, said: “As the company continues to grow, we’re seeing increased demand from brokers working with international clients – a group that often struggles to find support from other lenders.
“We’re working tirelessly to ensure our products and service meet the needs of brokers and borrowers, and lowering our fixed rates is another example of that.”
He added: “Appetite for UK residential property remains strong among international investors, so our focus is on ensuring they are well served from a finance perspective.
“We’re looking forward to working with existing and new intermediaries as we enter the second half of the year.”
