INTERNATIONAL
MORTGAGE PLANS

 

Expat Mortgage Rates

With lenders terms and criteria changing frequently please complete our online mortgage enquiry form.
This will enable us to let you know which of the current terms we can obtain for you.

Details of the current terms that we can arrange for property purchase and remortgages.

UK Bank base rate @ 01/06/2010 .5%  3 month LIBOR 0.70%.

June 2010

Special schemes available to expatriates and, in some cases, foreign nationals, for the purchase, or refinancing, of property, for family use, or commercial letting under the shorthold tenancy act.


LENDER
INTEREST RATE %
MAX % ADVANCE
LENDERS ARRANGEMENT FEE
SPECIAL FEATURES

BM SOLUTIONS

 

 

5.95%
 3 year fix

4.60%
 2 Year Tracker
 

75%


75%

3.00%


3.00%

Applicant must work for Govt Agency or Multi National Company. Rental calculation 125% at payrate.

C&G

 

 

4.59%
2 year fix

4.99%
 3 year fix

5.69%
 5 year fix

3.29%
2 year tracker

75%
 
 
75%
 
 
75%
 
 
75%
£995


£995


£995


£995
 
£99 Booking Fee
on all applications

Limited offers via IMP

Every case has to be agreed with an underwriter before submission.

Will not lend to Self employed expat applicants. Employed applicants need to work for large companies. Available for main UK residence only.

Free property valuation and low cost legal fees for remortgages.

Different terms available for loans between £1 million and £5 million

HALIFAX

4.39%
2 year fix
(4.59% if Interest only)


2.79%
2 year tracker
(2.99% if Interest Only)

75%



75%

£1499



£1499

 

Maximum loan £500,000.

Capital repayment loans attract a .2% reduction.

Very restrictive terms. No capital raising allowed. Must be returning to the UK within 2 year period. 6 months bank statements required.

Redemption Penalties

Fixed rate 2% in first 3 years

HSBC

5.99%
3 year fix


5.98%
5 year fix

60%

Repayment basis only

60%
 Interest only

 

£999



£999

Applications only accepted from existing HSBC Premier customers.

Minimum savings / holdings £60,000

Net Rental must be 130% of pay rate.

IPSWICH

Family Occupation




Buy To Let

Buy To Let Fix


3.69%
2 year
Tracker

3.99 Fix

5.49%

5.75%


75%
 
 
 
75%
 
75%
 
75%


£499



£999

£795

£895

IMP exclusive scheme

No New Build Flats

No early repayment penalties on 50% of advance.

 Flats Discretionary

ROYAL  BANK OF SCOTLAND INTL

Base + 2.89%
 2 year tracker

Base + 3.09%
 2 year tracker

Up to 60/70%


60.01-65%
1%
 
 
1%

Minimum loan £75,000

Will lend on new build flats max loan to value 55% on a repayment basis and 50% interest only

This table is for information purposes only and is not to be viewed as a recommendation

Notes:
Some Lenders have onerous redemption penalties for fixed and discounted terms.
A usual penalty is 6 months interest in the first 5 years. Loans are however portable but proportionate penalties would apply unless similar amount loans were taken. There are also proportionate penalties on partial repayments. FORTIS , KLEINWORT BENSON and ROYAL BANK OF SCOTLAND offer loans via offshore trusts and offshore companies. Arrangement fees can be as much as 2.0% of the loan. Some lenders make life assurance cover obligatory. Others insist on their "in-house" buildings and contents insurance as a loan condition.

Arrangement Fees - All fees quoted are payable to the lender and are usually added to the loan, although some require payment with the application.

IMP will charge an arrangement fee of £500 payable on receipt of an acceptable mortgage offer. 

IMP are authorised and regulated by the Financial Services Authority (302775) for mortgage advice and hold Consumer Credit Licence No: 592583.

Mortgage Enquiry Form      Back to IMP Homepage

E-Mail:  info@international-mortgage-plans.com

 


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