77% of brokers have seen demand from non-UK residents increase over the past five years.
77% of brokers have seen demand from non-UK residents increase over the past five years.
The Society has launched an expat self-build proposition and increased the maximum LTV for foreign nationals to 90%.
Both products are designed to support foreign nationals from day one in the UK.
A lack of lender appetite poses the biggest hurdle for mortgage brokers working with overseas clients.
The lender has enhanced foreign national affordability and introduced a higher threshold for ignoring CCJs and defaults.
The specialist lender has widened the global reach for foreign nationals and is removing new employment barriers.
The bank has lowered the minimum income for non-UK applicants.
The specialist lender will reduce rates by up to 1.50% for expats and foreign nationals.
Foreign-owned buy-to-let landlords increase market share and access more finance.
Chris Blewitt, head of intermediary distribution at Darlington Building Society, explores the opportunities available for clients who earn overseas but want to buy or refinance in the...
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