Marsden Building Society has unveiled two new expat mortgage products for landlords looking to acquire or remortgage a buy-to-let property in the UK whilst living abroad.
The new buy-to-let products, which includes a two-year discount rate of 2.99% or three-year discount at 3.09%, come with a £299 booking fee and 0.6% arrangement fee. Landlords looking to remortgage can expect to receive £300 cashback on completion.
Heather Crinion, general manager of operations at the Marsden, commented: “We’ve released our new and improved expat portfolios to support intermediaries with expat clients looking for solutions.
“We’re continually innovating our expat ranges to support intermediaries in their expat business, recent changes have seen introduction to expat products to all intermediaries, a re-introduction of Qatari Riyal to our accepted currencies and product portfolio changes.”