Kent Reliance launches expat B2L mortgage

Robyn Hall

May 21, 2013

The new 2-year discounted mortgage is offered at 4.49% and is available up to a maximum loan to value of 75%.

John Eastgate, sales and marketing director at Kent Reliance, said: “We have seen a surge in demand from expats looking for buy-to-let products.

“Invariably they are experienced landlords with a strong track record yet the fact that they reside overseas excludes them from most UK lenders. We are delighted to offer a competitive solution for them.

“The buy to let market is growing and evolving rapidly and as specialists in this area we will continue to work closely with our broker partners to identify trends and develop products which will meet their clients’ needs.”

The mortgage will be available on loans from £125,000 to £1.5m and has a 2% arrangement fee.

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