RAW Capital Partners has reduced rates for two BTL products for non-UK residents and UK expats.
Its introductory fixed rate has been reduced from 6.99% to 6.49% for a limited time only — this is available for UK expats and non-UK residents as long as they complete before 31st October 2024, and the asset is located in a major UK town or city.
In addition, the lender has also lowered pricing for its variable rate product, which is now priced at 2.25% + BBR.
Ben Nichols, interim managing director at RAW Capital Partners, said: “As the company continues to grow, we’re seeing increased demand from brokers working with international clients — a group that often struggles to find support from other lenders.
“We’re working tirelessly to ensure our products and service meet the needs of brokers and borrowers, and lowering our fixed rates is another example of that.
“Appetite for UK residential property remains strong among international investors, so our focus is on ensuring they are well served from a finance perspective.
“We’re looking forward to working with existing and new intermediaries as we enter the second half of the year.”
