Marsden Building Society упростил условия выдачи ипотеки для экспатов

Marsden Building Society has simplified its expat mortgage criteria. The society has removed its minimum income requirement and reduced documentation requirements for employed and self-employed applicants. For example, self-employed applicants now only require one year of accounts, or two years if top slicing. Employed applicants just require their most recent payslip. The Marsden has also removed the mandatory employer’s reference requirement for buy-to-let cases. The society has removed its country exclusions list and will review expat cases based on real time data from the Financial Action Task Force (FATF). As part of the update, the Society will not accept applications from customers residing in, or with financial links to, countries on the FATF High-Risk and Increased Monitoring (Black and Grey) Lists. Applications are also not accepted from customers residing in EU/EEA countries, due to the absence of service agreements, or from residents of Australia due to legislative restrictions. Requirements for additional borrowing requests have been simplified across the Society’s entire mortgage portfolio, making applications easier to submit. Marsden Building Society head of mortgages Jo Cave said: “These changes demonstrate our ongoing commitment to supporting intermediaries with flexible lending solutions and straightforward processes. We’ve listened to broker feedback and taken steps to reduce unnecessary administration, making it easier to submit and place expat cases with us. “Combined with our manual underwriting approach, these enhancements give brokers greater flexibility and more opportunities to meet the needs of their expat clients.” Yesterday Tipton & Coseley Building Society introduced several new products, with a particular focus on limited company buy-to-let and expat borrowers.