Liquid Expat Mortgages Announces Exclusive Deal With Marsden Building Society
Liquid Expat Mortgages and Marsden Building Society in an exclusive deal offering expat mortgages at great rates and the only expat 80% LTV UK buy to let mortgage on the market.
- (1888PressRelease) February 15, 2011 - Liquid Expat Mortgages today announced that, following in-depth negotiations, they have sealed an exclusive broker arrangement with the Marsden Building Society.
This move is part of Liquid's long term strategy to make borrowing easier for expats by constantly seeking new and more competitive UK mortgages on their behalf. Already a great breakthrough has been made in securing an exclusive buy to let mortgage from Marsden Building Society offering up to 80% Loan To Value [LTV]. Generally expat buy to let mortgages have a maximum LTV of 70%.
Under the terms of the deal Liquid Expat Mortgages will become the sole introducer for all of the building society's residential and buy-to-let mortgages for expats looking to buy property in the UK. By establishing a seamless relationship with the building society's lending and underwriting departments Liquid can promise the highest levels of service and clear lines of communication between borrower and lender.
Two Experts In Their Fields Offer One Great Service
Liquid is the UK's leading provider of mortgage services for expats. Based in Manchester, the company was established in 2006 and has worldwide representative offices in both Canada and Dubai.
Marsden is Lancashire's largest mutual building society which was originally formed in 1860 and has its headquarters in Nelson, near Burnley in Lancashire.
Liquid's Business Development Director, Stuart Marshall, commented on the deal, "We're delighted to be working with such a long-established building society and believe that it will bring many benefits to our clients. As exclusive introducer we aim to be able to offer expats the kinds of mortgage deals they may not be able to find anywhere else.
"Plus, it's a real breath of fresh air to be working with a building society that positively embraces expatriate customers."
Expat UK Mortgage Rates From As Low As 3.79%*
Liquid Expat Mortgages is launching the new mortgage products with Marsden Building Society giving exclusive access for British expat mortgage hunters to some truly market-leading deals.
For example, there is a choice of both residential and buy to let mortgages which are available at up to 80% Loan to Value - the highest currently available in the market. This is available on a repayment or an interest-only basis; although this is not available on new-build flats.
The rate on an expat mortgage can be as low as 3.79%*.
With mortgage rate rises a forecasted possibility in the next few months (recently predicted by Bank of England Markets Chief, Paul Fisher in an interview with the Telegraph) and with a number of lenders including First Direct and Skipton Building Society withdrawing their best fixed mortgage offers, as reported in the Financial Times on 18th January 2011 (http://www.ft.com/cms/s/2/69340e42-2321-11e0-b6a3-00144feab49a.html#axzz1CnwI0Lnd), Liquid is delivering good news to expats looking to fix a rate for the next few years.
As an exclusive offer available only through Liquid Expat Mortgages, there is the option to fix the rate at just 5.69%* until 2017 for a buy to let mortgage at 80% Loan to Value.
Not surprisingly, the funds available for all these special deals are strictly limited will be available on a "first come, first served" basis.
Clients choosing to mortgage through Liquid and Marsden are also assured of the very best levels of service, which can be especially important for expats trying to arrange a UK property purchase from abroad.
As Stuart Marshall of Liquid says, "Our clients can be confident that we will help them every step of the way. We also aim to introduce more great offers for them in what, we are confident will be a long and successful relationship between Liquid and Marsden Building Society."
To find out more about all the mortgage deals available for expats through Liquid, just visit http://www.liquidexpatmortgages.com or call them on +44 (0) 161 633 5009 today.
*Subject to individual application.
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