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Skipton International expands expat criteria

  • 13/04/2016
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Skipton International expands expat criteria
Skipton International has expanded its expat buy-to-let criteria to allow self-employed borrowers access to its mortgages.

To qualify for the mortgages, self-employed applicants must earn a minimum of £60,000 a year or £75,000 in an equivalent currency. An accountant’s certificate from one of 13 accountancy firms and networks approved by Skipton International can be used as income verification.

Jim Coupe, managing director of Skipton International, said: “Demand for our buy-to-let mortgages has been growing steadily as increasing numbers of British expats decide to invest in property in the UK. Since launching the mortgages in 2014, we have developed our services to open up the mortgages, firstly to retired expats, then to expats in more countries around the world, and now to self-employed expats.”

In February, the Guernsey-based lender widened its international reach by adding nine countries to its criteria. Expats living in Colombia, Costa Rica, Northern Cyprus, Ghana, Mongolia, Senegal, Sri Lanka, St Vincent and Grenadines and Turkey can now purchase an investment property in the UK through Skipton International.

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