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Buy to let purchase to increase ex-pat couples’ portfolio

Buy to let purchase to increase ex-pat couples’ portfolio

A broker approached us with an ex-pat couple living in Bangkok both working as teachers at an international private school.

The couple had been renting out their main residence in the UK for over 2 years and were looking to purchase another buy to let property to increase their portfolio.

The clients were able to provide 2 years SA302’s for their current buy to let and the underwriters picked up a clear credit footprint on both the clients. They were purchasing the property in their personal names.

 


Why Keystone?

 Ex-pat clients

 Broker Procuration fee:  0.7% of the loan advanced

 

Terms offered:

Property value
: £400,000

Loan amount: £285,000

LTV: 70% LTV

Rate: 3.54% 5-year fixed rate


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