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Product news: expat residential foreign currency loans

Written by Ipswich Building Society

18 Jul 2019

Tags

Expat, Foreign currency

2 min read

We’re pleased to announce reduced rates on our range of residential expat products – plus, we’ve made a change to our expat landing criteria, meaning that we can now accept residential expat applications from applicants paid in a selected number of foreign currencies.

The following foreign currencies will now be considered:

  • Euro
  • US Dollar
  • Canadian Dollar
  • Singapore Dollar
  • Hong Kong Dollar
  • Swiss Franc
  • Norwegian Krone
  • UAE Dirham
  • Kuwaiti Dinar
  • Qatari Riyal

This offering will be available on our current range of residential expat products and more closely aligns these to our expat Buy to Let product range, where we can already accept applicants paid in any currency as the affordability is carried out on the rental cover.

As well as refreshing our current product range, we’re also launching a brand new five year fixed rate product which could be ideal for your clients who are looking for the stability of a longer fixed rate in these uncertain times.

This change means that our residential expat range will now be available up to 80% LTV.

Click here to view our expat product range or call us on 0330 123 1073 for more details.

This article was published under our previous name of Ipswich Building Society. We changed our name in 2021 – get in touch if you have any questions.

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