Aldermore partners with Expat Packager

Aldermore Bank has partnered with Expat Packager to offer its new expat buy-to-let mortgage which offers a 0.75% procuration fee.

Related topics:  Mortgages
Rozi Jones
20th December 2017
BTL buy to let sign
"We’re delighted to be one of only two packagers working with award-winning specialist lender, Aldermore Bank."

The product is eligible for both purchase and remortgage up to 75% LTV with rates starting from 4.18%.

Funding is available for individual BTL units, HMOs (of up to 6 beds) and multiple units (up to 4) on freehold titles. First time landlords will also be considered, providing they meet personal income requirements. Furthermore, existing landlords are free from minimum personal income criteria altogether.

Aldermore’s product is available to British citizens and foreign nationals residing in any country within the Financial Action Task Force.

Stuart Marshall, Director of Expat Packager, commented: “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 are able to deliver a solution for expats who might traditionally have been excluded from access to finance.”

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