Skipton International, the UK buy-to-let mortgage lender for overseas residents, has returned to the remortgage market.
Due to Covid-19 restrictions preventing physical property valuations, Skipton International had previously stopped accepting mortgage applications.
Skipton International will initially be accepting applications for remortgages, with a maximum loan to value (LTV) of 60%.
Roger Hughes, business development manager at Skipton International, said: “Prior to the Covid-19 pandemic, we were seeing strong demand from overseas residents for our UK buy-to-let mortgages.
“We hope our return to the remortgage market will provide an attractive offering for buy-to-let investors.”
Skipton International is monitoring developments and availability of valuations with an expectation of offering mortgages for UK buy-to-let purchases in due course.