Expat Mortgages
| Product Features | LTV | Minimum Loan | Interest Rate | APR | Product Fee | Application Fee | Early Repayment Charges |
|---|---|---|---|---|---|---|---|
Guaranteed to track the Bank of England Base Rate for 3 years (with a minimum Base Rate of 0.50%) Available for purchases and remortgages | Up to 75% | £300,000 | 2.74% (Base + 2.24%) | 4.7% 4.6% (remortgage) | Fee Free* | £1,999 £999 for remortgages | 3% until end of discount term |
| £100,000 | 3.49% (Base + 2.99%) | 4.9% 4.8% (remortgage) |
Skipton International UK Standard Variable Rate is currently 4.99%
With effect from 1 December 2017
*Limited time offer
Information
The minimum loan size is £100,000 and the maximum loan to any individual, together with connected persons is £3 million.
Following the tracker period the interest rate will revert to our UK Expat Buy to Let Variable Rate. Our Expat mortgage products are portable and can be applied to a new UK property (subject to it meeting our criteria).
Interest is calculated on a daily basis and monthly payments must be made in arrears by direct debit on the first working day of each month. As with all UK mortgages, if the mortgage is repaid after the end of tracker period, interest to the date of redemption will be payable.
Product fees are non-refundable and must be paid on application.
On this expat mortgage, lump sum payments of up to 10% may be made early without charge each year. For the purposes of this calculation, a year is defined as starting on the commencement of the loan and on the anniversary thereafter; the amount is up to 10% of the balance outstanding on that date. This facility cannot be rolled over into subsequent years if the facility is not used in any one year
Our UK expat mortgage products can be withdrawn at very short notice.
Return to the Expat Mortgage page.