Skipton encourages overseas investors with remortgage deal

Back in 2016, the EU referendum and subsequently weakened pound resulted in overseas residents getting a significant discount on UK investment properties.

Today, it’s the attraction of higher yields, coupled with support from UK lenders keeping investors interested in the market.

The combination of price discount, a weakening residential market and attractive yields are an appealing proposition for overseas investors, especially when compared to the low returns on investment properties in Singapore and Hong Kong.

Capitalising on the growing investment in the UK market by overseas residents, Skipton International has launched a remortgage deal for the British expat and foreign national market to better serve this growing customer base.

Best buy-to-let option

Currently, the Skipton International deal is the best offer available on a UK buy-to-let remortgage for overseas residents, as it includes a refund of Skipton’s application fee of £999 if the remortgage completes within one month of receiving the application. This refund equates to the applicant benefiting from a free valuation, free legal fees and no arrangement fee.

Roger Hughes, business development manager at Skipton International, said: “With strong demand from overseas residents for UK buy-to-let mortgages, we are always looking for opportunities to make our mortgage proposition more attractive.”

He added: “This offer helps us be one of the most competitive players in the buy-to-let market for overseas residents.”

Giving investors options to expand UK property portfolios

For investors seeking to expand their UK property portfolios, Skipton’s new deal is applicable on any remortgage application including where clients wish to release equity to purchase a further property.

This offer is undoubtedly in response to an expanding market in the north of England which offers yields of 5-6% and has seen cities such as Manchester and Birmingham soar in popularity. This is the case for Middle East and Far East investors specifically seeking more attractive returns and capital growth.

Investors wanting to take advantage of Skipton’s remortgage deal should move now, as it only applies to applications received by the end of March.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:


Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment


Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:


+44 (0) 333 123 0320

Open from 9am-6pm GMT


+852 6699 9008

Open from 9am-6pm HKT