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BC Invest secures £255m to fund buy-to-let mortgages for overseas investors

  • 13/09/2021
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BC Invest secures £255m to fund buy-to-let mortgages for overseas investors
Specialist lender BC Invest has secured a £255m warehouse facility from Credit Suisse to fund UK buy-to-let (BTL) mortgages to non-resident investors overseas.


The lender hopes to tap into an under-served market, mainly investors from the Asia-Pacific (APAC) region that are looking for high quality UK BTL mortgages.

The move is a result of the lender’s growth in the region, where it has deployed over £1.27bn worth of loans to 5,500 customers since the group was founded in 2016 in Australia. 

It also builds on an existing relationship with Credit Suisse as it has been working with them in Australia since 2017.

The lender offers a two-year fixed rate product starting from 3.99 per cent up to 75 per cent loan to value (LTV). Loans range from £75,000 to £1.5m. Loan terms can range from five to 25-years.

BC Invest’s UK arm was launched in October 2020. It has settled £70m worth of loans with £120m in the pipeline.  

Richard Boyle, executive director UK at BC Invest, said the lender was hoping to meet the demand for high quality properties from overseas investors in London and Manchester. 

Boyle added: “This facility further reinforces our relationship with Credit Suisse. It serves as evidence of their strong conviction in our experienced team and its ability to provide our clients with an efficient service, with market leading turnaround times.  

“It also offers the opportunity to connect them with our extensive network of the leading developers, mortgage brokers, and agents, to enable them to access high quality UK residential properties.” 

Will Farrant, head of APAC asset finance at Credit Suisse, said: “Credit Suisse is delighted to enable our clients to expand their operations into new markets, utilising our global reach with local on-the-ground client contact.  

“This transaction with BC Invest is the perfect example of that and we look forward to working with them worldwide.” 

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