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Expat Mortgages

Our Expat Mortgage proposition is designed for UK passport holders living abroad who want to purchase, remortgage or invest in residential, buy to let or holiday let properties in the UK.
  • At a glance

    Maximum Loan – £450,000

    Maximum LTV – 80% Residential | 75% BTL & Holiday Let

    Minimum Income – £30,000 (Sterling equivalent)

    Bank Account – UK bank account required

  • Eligible applicants

    Applications may be considered where the applicant:

    • Holds a UK passport
    • Lives permanently overseas
    • Has a minimum annual income of £30,000 (sterling equivalent)
    • Has a UK bank account
    • Meets our affordability and underwriting requirements
  • We are unable to consider

    Unfortunately, we cannot currently

    • Holds a UK passport
    • Lives permanently overseas
    • Has a minimum annual income of £30,000 (sterling equivalent)
    • Has a UK bank account
    • Meets our affordability and underwriting requirements
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Your eligible deposits held by a UK establishment of Penrith Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.

Further information is available here »»
(PDF Version)

Or visit www.fscs.org.uk.

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