Market Harborough Building Society has re-entered the EU market, now accepting applications from UK migrants living in the EU.
It has also streamlined the application process for UK expats living in the US, with less upfront paperwork for brokers.
The specialist lender provides expat residential solutions up to £5m, with rates starting from 5.20% fixed and 5.25% variable for tier one cases, and holiday let and buy-to-let solutions up to £2m, with rates starting from 5.80% fixed and 5.85% variable for tier one cases.
Market Harborough’s expat range caters for a range of scenarios, including those with multiple complexities. Key features include interest-only and part repayment options, joint borrower, sole proprietor and no UK residency or multi-national employer required.
Market Harborough’s head of mortgage distribution, Iain Smith, said: “Our award-winning team has got years of experience in the expat market, and I’m thrilled that we’re opening this up to brokers with expat clients living in the EU. We’ve also taken on board broker feedback to help streamline the process for them. This is a strong sign of our commitment to supporting expats, including UK borrowers living in the EU and US alongside many other countries such as the UAE.”
