
Marsden Building Society enhances expat mortgage criteria
The society removed the minimum income requirement for expat BTL applications and reduced the documents required from employed and self-employed applicants.

The society removed the minimum income requirement for expat BTL applications and reduced the documents required from employed and self-employed applicants.

Rates have been cut by up to 0.30% and new fixed rate options have also been added for buyers and those looking to remortgage.

The case involved a number of factors, including a deposit made up of personal savings alongside a 5% builder contribution.

The lender has introduced a range of new 90% LTV products, including 2-year and 5-year fixed rates as well as a 2-year discount product.

Suffolk Building Society has reported a sharp rise in expat mortgage applications, with demand more than doubling year-on-year.

Effective immediately, the society has increased the maximum loan amount across its entire BTL and holiday let product range from £500,000 to £750,000.

Darlington Building Society has completed a residential mortgage for a UK expat couple, highlighting continued demand for flexible underwriting on complex cases.
Press Esc to close.
