Related topic: Expat

Grant Hendry, director of sales at Foundation Home Loans, says the complexity of expat borrowing means the traditional, one-size-fits-all approach to lending rarely works.

The reductions cover residential, buy-to-let, expat, and holiday let products.

The specialist lender will reduce rates by up to 1.50% for expats and foreign nationals.

It has also streamlined the application process for UK expats living in the US.

The Society has also announced rate reductions of up to 10bps.

The new products give brokers more choice when placing cases for homeowners, landlords and overseas borrowers.

Keystone has also introduced a new 75% LTV product within the range.

The rate cuts span residential, buy-to-let and holiday let products.

Criteria updates reach record highs, Knowledge Bank data shows.

The Tipton will now lend up to 85% LTV with a maximum loan size of £600,000.