Mortgage Strategy - Why aren’t lenders catering for borrowers’ increasingly diverse requirements?
There are some impressive mortgage rates among the 17,000-plus deals currently on offer to brokers...
Aaron Strutt, of Trinity Financial, told Mortgage Strategy magazine: “NatWest is one of the few large lenders offering expat mortgages at competitive rates. It would be great if more of the bigger banks and building societies lent to expats again.
He adds: “Foreign currency mortgages are more scarce but there are still a few lenders left in this market. Santander has limited its workload by restricting the currencies in which borrowers can be paid; these include the US dollar, the euro, the Swiss franc and the UAE dirham. Even though lenders recently pulled out of this market, hopefully they will return at some point.”
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