Buckinghamshire Building Society has reintroduced its ex-pat buy-to-let product.

The offering is a 70% LTV 2-year discount at 3.99%. It includes a product fee of £999 and ERCs are set at 1% for the first year, dropping to 0.5% during the second.

The product is available to individual landlords including first-time landlords or limited companies.


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According to figures from the Office for National Statistics, four million British people live abroad, with almost 800,000 in Europe alone.

Tim Vigeon, head of lending at Buckinghamshire Building Society, said: “We have no maximum age at entry or exit, which is something that is unique in the market.

“We have had a number of enquiries regarding this type of lending in the past, with people looking to rent out a UK property as part of their long-term financial planning.

“We have a list of accepted countries and the borrower must be either living or working in one of these.”

“Customers will of course be subject to our usual affordability criteria, and as long as they have a UK bank account from which to pay the mortgage and receive the rent, we believe this will prove, once again, a popular addition to our BTL offering.