RAW Capital Companions has efficiently issued a buy-to-let (BTL) mortgage with a 70% loan-to-value (LTV), demonstrating the lender’s experience in serving expat and abroad debtors.
The Guernsey-based funding administration agency, via the RAW Mortgage Fund, specialises in offering tailor-made monetary options to overseas nationals, UK expats, and Channel Islanders.
For the final 10 years, the lender has supplied a most LTV of 55%, with restricted second cost out there. The corporate just lately introduced, nevertheless, that as of the 1 July 2025, it would enhance its most LTV to 70%.
On this case, a dealer approached RAW Capital Companions on behalf of a Shanghai-based couple who wished so as to add a two-bedroom condo in North London to their current property portfolio. One was a UK expat who’s married to a Chinese language nationwide, each of whom are lecturers.
The dealer was dealing with challenges in inserting the case, with many lenders shying away from Chinese language debtors, significantly these on extra modest salaries. But RAW Capital Companions considers every enquiry on a case-by-case foundation, and on this occasion, following further KYC checks, the lender was comfy with the monetary circumstances of the couple.
After finishing in depth due diligence, RAW Capital Companions was capable of concern a mortgage price £350,000 at its new most LTV of 70%.
Tim Parkes, CEO of RAW Capital Companions, stated: “It has been nice to see such early uptake following the introduction of our new LTV restrict. It’s one thing we’ve been planning for a while, so it’s encouraging that brokers and debtors are already seeing the worth in it, with a excessive quantity of functions coming in since we introduced the change.
“This case is an effective instance of how the up to date LTV restrict – which might be mixed with our core choices, reminiscent of selections in precept inside one enterprise day and no stress testing – permits us to raised assist expat and abroad debtors. On this occasion, each borrower varieties had been concerned in a single case, and our professional crew had been capable of present an easy resolution that met their wants in a well timed method.
“We’re happy to get off to a powerful begin on this new period and to construct on our relationship with the dealer.”
