Gatehouse Bank has reduced rental rates by 0.31% across its 2-year fixed term buy-to-let Purchase Plans for UK expats and international residents.
The new pricing, effective today (18th November), applies to both standard and green products, as well as finance for houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs).
Applications are accepted from individuals and UK-registered special purpose vehicle (SPV) limited companies.
Following the changes, rental rates now start at 4.21% for UK expats and 4.22% for international residents.
Gemma Donnelly, head of customer propositions at Gatehouse Bank, said: “Helping customers achieve their property ownership goals is something we take seriously at Gatehouse Bank and today’s changes will help even more customers residing overseas to access the finance they need.
“We know that the UK market remains highly attractive to those looking to purchase Buy-to-Let properties and we are committed to providing products which are competitive while also serving the needs of customers from across the globe.”
