Irish Permanent International
At Irish Permanent International, our buy-to-let mortgages are designed to assist expatriates looking to purchase or re-mortgage investment properties in the UK. A buy-to-let mortgage can be an available product to assist applicants looking to retain or establish a property link to the UK.
While rises in UK property prices over recent years have offered attractive investment returns to property investors, this has also forced many people to consider remaining on the UK property ladder, rather than sell existing properties while moving abroad to work. Similarly, other investors seek to purchase property on an investment basis and establish a link for longer term financial planning reasons over and above any investment returns that might be sought.
For expatriates, investing in UK property can offer a degree of security for their capital and a way to retain a foothold in the UK. Investing in property, like other forms of investment carries risk but over time, property can often offer attractive returns on the initial investment. Buy-to-let mortgages offer applicants the opportunity to purchase property for investment and borrowers seek to use the rental income to service the mortgage repayments. Returns over time are then utilised to provide longer-term capital gains and an asset or income for the future.
Irish Permanent International offers a variety of competitively buy-to-let mortgage products for expatriates with lending available up to 85% LTV (loan to value), subject to status, with rates available from BBR +0.49% to BBR + 1.24% on our Tracker Mortgages.
We also offer a variety of offshore deposit accounts with flexible terms to suit individual needs, with competitive rates available on instant access, notice and fixed currency deposit accounts from a starting balance of £/$/Euro500.