Intermediary News

Enhancements to Gatehouse Bank’s BTL Product Range for UK Expats and International Residents

We are pleased to announce new enhancements to Gatehouse Bank Buy-to-Let (BTL) product offerings, specifically targeting UK Expats and International residents. This expansion includes the introduction of a new fee option and adjustments to existing products, aimed at providing more flexible and competitive financing solutions.

New 5% Fee Option Introduced

Gatehouse Bank has launched a new 5% fee option for its Buy-to-Let (BTL) Expat and International resident products, available to both individual applicants and UK-registered SPV Limited companies. This option allows clients to make an advance payment in exchange for a reduced rental rate. The new 5% fee products include:

  • 2-year fixed rental rates starting from 5.05%
  • 5-year fixed rental rates starting from 6.44%

The minimum finance amount for these products is set at £75,000, making them accessible to a broader range of investors.

Updated 3% Fee Option

In addition to the new 5% fee option, we have reduced the minimum finance amount for the 3% fee BTL range from £500,000 down to £75,000. This change aims to make the 3% fee products more accessible to a wider audience.

Rate Adjustments Across BTL Products

We have also made significant rate adjustments across our Buy-to-Let (BTL) Expat and International Resident products. Rates have been reduced by up to 25 basis points (bps) across eighteen products, while rates for thirty products have been increased by up to 74 bps. These adjustments reflect the Bank’s commitment to offering competitive rates and flexible financing options.

Our Expat and International Resident criteria includes but is not limited to:

  • Up to 80% Finance-To-Value
  • UK registered SPVs and Limited Companies accepted
  • Over 150 worldwide expat and international locations accepted

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 SPVs Limited Companies looking to purchase or refinance property in England and Wales. Our full range of products can be found here.

To review our current service levels, click here.

Thank you for your continued support.