Aldermore Bank has teamed up with Expat Packager to offer its expat BTL mortgage to brokers.
The product is available for both remortgages and purchases up to 75% LTV, with rates starting at 4.18% and a procuration fee of 0.75%.
British citizens and foreign nationals residing in any country within the Financial Action Task Force can take advantage of the new product, which can be secured for individual units, HMOs (of up to six beds) and multiple units (up to four) on freehold titles.
Stuart Marshall, director of Expat Packager, said: “We’re delighted to be one of only two packagers working with award-winning specialist lender Aldermore Bank.
“By joining our lender panel, they are considerably widening the choices available to our brokers and their clients, ensuring Aldermore is able to deliver a solution for expats who might traditionally have been excluded from access to finance.”
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