Kent Reliance offering two expat buy-to-let mortgages
Kent Reliance for Intermediaries is one of a limited amount of lenders offering expat buy-to-let mortgages. The bank has two separate products with different interest rates and varying acceptance criteria.
Trinity has access to Kent Reliance’s more competitively priced semi-exclusive mortgage through a select packager. In order to qualify for the lower rate British expats must be employed in a senior position within a multinational company and the property must be located in London or the south east.
Aaron Strutt, product manager at Trinity Financial, says: “If you are looking to secure an expat buy-to-let mortgage there are a number of options available.
"A handful of the biggest lenders are offering expat mortgages and if you qualify, you are likely to secure a better rate. It's often the smaller lenders charging a higher premium.
“Mortgage lenders will look at the way you are paid, where you are based and the company you work for. They will also want to know how much rent the property generates.”
Kent Reliance is owned by OneSavings Bank plc and is an active lender particularly in the broker market.
If you would like help to secure an expat mortgage, call Trinity Financial on 020 7016 0790.
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