Saffron offering expat buy-to-let mortgages
Saffron for Intermediaries is offering a buy-to-let mortgage for experienced British landlords with an existing UK mortgage currently living outside of the UK.
Saffron has one buy-to-let rate at 5.39% and it is linked to their standard variable rate. The lender requires landlords to provide a 35% deposit and this mortgage has a 2.5% arrangement fee. The maximum loan size is £500,000.
Aaron Strutt, product manager at Trinity Financial, says: "Not all lenders charge 2.5% arrangement fees to set up expat buy-to-let mortgages and Trinity has access to a number of lender offering more competitive rates."
If you would like help to secure an expat buy-to-let mortgage, call us on 020 7016 0790.
January 7, 2014
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