Lender wants more international landlords

Lender wants more international landlords

Gatehouse Bank has cut rates across selected two-year fixed term Buy-to-Let (BTL) products for UK expats and international residents.

Gatehouse is a Shariah-compliant bank, based in London, Birmingham, Milton Keynes and Wilmslow.

The changes apply on two-year fixed term products at 80% finance-to-value (FTV) and on 75% FTV products for customers seeking finance for Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs). 

Gatehouse Bank accepts applications from individuals as well as UK-registered SPV Limited Companies.

UK expats and international residents acquiring a home or investment property in England or Wales are now able to apply for a UK payment account as part of the home finance process with Gatehouse Bank. 

This article is taken from Landlord Today