SVR reduction and BTL product changes for UK Expat and International Residents
We have today reduced the Standard Variable Rate (SVR) for new business to 7.25% (previously 7.50%). All existing customers on ‘follow-on’ rates have been notified that the new payment rate takes effect from today’s Rent Review date of Wednesday, 1 October 2025.
We have also increased rental rates across most of our range of 5-year fixed rate Buy-to-Let (BTL) products for UK Expats and International residents by 0.08%.
The following new rates are available:
New Rates:
- UK Expat BTL: 5-year fixed rental rates starting at 6.06%
- International Resident BTL: 5-year fixed rental rates starting at 6.07%
As previously advised, we have also streamlined our Buy-to-Let range for UK Expats and International residents, with the withdrawal of all 65% FTV products to better focus our offering. Our updated range is designed to offer greater clarity and efficiency, helping you find the right solution faster.
Our full product range can be found here.
Our UK Expat and International resident criteria includes, but is not limited to:
- 100% of overseas income accepted
- Over 200 locations worldwide
- No UK credit footprint or UK address required
- Top slicing, HMOs and MUFBs accepted
- New build houses and flats
- Finance up to £10m
- Portfolios - no limit on properties
You can speak to your local BDM and refer to our criteria guides
for further information and eligibility.
Our product range is available to UK residents, UK Expats, International residents and UK registered corporate entities looking to purchase or refinance property in England and Wales.
To review our current service levels, click here.
Thank you for your continued support.