Will you accept applications from expats?

Landbay will lend to expats (expatriates) assuming you have credit history in the UK and an active UK bank statement. Additionally, the following criteria apply:

  • We will not accept applications from first-time expat borrowers; you must have existing buy-to-let property in the UK
  • Your employed income must be the equivalent of £40,000 or if you are self-employed you must be earning the equivalent of £60,000
  • We will lend to residents of the European Union (both individual and ltd company applicants)
  • We will only lend to residents of FATF member jurisdictions, excluding Russia, if you are applying via a limited company which is registered in England or Wales
  • The maximum LTV for expat borrowers is: 70% and maximum rental income ratio is 135%.
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