RAW Capital Partners launches lower BTL mortgage rate, with £100m to lend to foreign nationals and UK expats

By Bridging Loan Directory 1st May 2024

RAW Capital Partners has launched a new, lower fixed rate product and announced that it has more than £100 million available to lend to foreign nationals and UK expats looking to purchase UK buy-to-let (BTL) properties.

The Guernsey-based investment management firm, through its RAW Mortgage Fund, provides specialist BTL mortgages.

The company doubled in size in 2023 – now employing over 40 members of staff in Guernsey, Southampton, and London – and it plans to grow the RAW Mortgage Fund from £175 million to £1 billion in the coming years.

It has a new introductory fixed rate of 6.99%, with loans sizes ranging from £50,000 to £4 million on a single property, and up to £8.5 million to a single borrower.

RAW Capital Partners lends up to 65% LTV. Its underwriting commences from day one and a decision in principle is typically delivered within 24 hours.

To date, RAW Capital Partners has lent more than £250 million to clients all over the world.

It works with intermediaries – primarily brokers, advisors and wealth managers – and has lent to borrowers based in over 50 countries, including a strong track record in the likes of Hong Kong, Singapore, Dubai, Abu Dhabi, Nigeria and South Africa.

Ben Nichols, Interim Managing Director of RAW Capital Partners, said:

“The RAW Mortgage Fund continues to grow. This puts us in a strong position to better serve borrowers based outside of the UK as we look to deploy BTL mortgages at pace and to a wider range of clients.

Our specialism in working with brokers that have international clients – a group that often struggles to find support from other BTL lenders – certainly sets us apart.

Combined with that expertise, the availability of £100 million in capital and a willingness to lend, we’re confident that the RAW Mortgage Fund will continue to gain traction in the months to come.”

The RAW Mortgage Fund has grown via private investment from individuals and institutions.

RAW Capital Partners offers investors attractive returns, a high level of capital security, and total fee transparency through the Fund, which has a nine-year track record of consistent returns up to 8.63% per year.