You are here: Home - Investing - Experienced Investor - News -

Skipton International helps British expats buy UK investment property

0
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.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Interest-only borrowers turn to equity release

An increasing number of borrowers with an interest-only mortgage are opting to release equity from their property to help repay...

Close