See the latest announcement from HSBC below. Note that you can access HSBC via the Brilliant Solutions mortgage club but the lender does place some restrictions on access. Contact us for details.
HSBC Mortgage Product Guides are available here but check the date to ensure it has been updated to reflect the announcements below.
We’ve introduced International Buy to Let (BTL) mortgages
With effect from today, Tuesday 21st May, we have introduced BTL mortgages for non-UK residents within our Intermediary channel, subject to meeting our minimum lending criteria.
International BTL applications can be completed for all buyer types.
Individuals must reside in an approved country and a full list of these can be found on our Broker website.
Income can be in a foreign currency – please refer to our Foreign Currency Matrix for all our acceptable currencies.
Lending criteria requirements
- Minimum income £75,000 for a sole applicant (excluding variable and
rental income)
- Minimum loan amount £25,000 (Additional borrowing £10,000)
- Minimum term 5 years up to a maximum 40 years
- Interest Only or Capital Repayment
- Lending is based on rental income only
- No maximum age (minimum income must be evidenced throughout the term)
The product finder tool and criteria section on our Broker website will be updated shortly to reflect the above changes.
Contact us
Chat with us or call our Broker Support Team on 0345 600 5847 (Monday to Friday,
9am to 5pm).