Available to expats returning to the UK or where direct family (spouse and own children) remain in the property
Who is this product suitable for?
- UK citizens
- Borrowers with permanent rights to remain
- FTB
- Existing Homeowners looking to move house or remortgage their existing property
- Borrowers paid in Pound Sterling
Product Details
- Interest only or repayment- Maximum loan size: £3,000,000 up to 80% LTV, £1,000,000 up to 90% LTV.
- Repayment, Interest Only and Part&Part mortgages available
- Maximum loan size: £3,000,000 up to 80% LTV, £1,000,000 up to 90% LTV.
- Only income received in Pound Sterling accepted
- Overpayments of up to 10% per annum of the original loan amount are allowed without penalty
Additional Details
- UK Bank account required
- Single Tax residency only
- Members of the Armed Forces serving abroad are eligible for our standard residential range.
- Property must not be unoccupied (i.e. either direct family must occupy, or applicant must have returned to the UK prior to completion)
- All documentation not in English will need to be translated by a qualified translator
- If the property will be occupied by a non-borrowing family member, we will condition the offer for nomination of a UK solicitor with a minimum of 2 partners who will act for the applicant, on whom the society can serve notice in the event of default.
- Please note that the affordability calculator should not be used for non-UK Tax residents. Please contact our Intermediary Support Team on 01799 582925 in these instances.