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Skipton International helps British expats buy UK investment property

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Written by: Christina Hoghton
24/02/2016
One lender is making it easier for Brits living in sunnier climes to buy a property back in the the UK

Skipton International has announced it is opening up buy-to-let mortgages to more British expats around the world, by extending the number of countries eligible for its deals.

Colombia, Costa Rica, Northern Cyprus, Ghana, Mongolia, Senegal, Sri Lanka, St Vincent & Grenadines, and Turkey have all joined the list of eligible countries.

British nationals living in these countries will now be able to apply for a buy-to-let mortgage on UK properties.

Demand high

Since launching buy-to-let mortgages for British expats in 2014, Skipton International says it has helped more than 300 British expats secure investment properties in the UK. Demand for buy-to-let mortgages has been particularly high amongst British expats living in the Gulf, with nearly a quarter of all applications coming from the UAE alone.

Jim Coupe, managing director of Skipton International, said: “We launched the mortgages as a direct response to the difficulties expats face securing mortgages on properties in the UK.

“Demand for buy-to-let mortgages from British expats continues to be strong and by opening up our mortgages to more countries we can continue to give British nationals living around the world the opportunity to invest in property in the UK.”

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