GB Bank has expanded its buy-to-let product range to accommodate foreign nationals and expatriates who do not have UK residency, provided they hold a UK bank account.
The updated criteria are designed to make UK property investment more accessible to international clients. Applicants without UK income or existing UK property holdings can now apply for loans up to £20m, with a maximum loan-to-value (LTV) of 75%. There are no minimum income requirements, and first-time landlords are eligible, though loans for this group are capped at £7.5m.
The lender now supports a broader spectrum of property types, including houses in multiple occupation (HMOs), multi-unit blocks, and mixed-use buildings. There is no cap on the number of bedrooms or units, and GB Bank will consider applications involving complex structures such as overseas special-purpose vehicles and trusts.
Eligibility has been widened to applicants from most countries, with the exception of those under international sanctions or on the Financial Action Task Force (FATF) blacklist. A minimum interest coverage ratio of 130% applies, and all pricing is assessed individually based on the applicant’s circumstances.
GB Bank’s approach focuses on bespoke underwriting and tailored support, targeting residential and semi-commercial investments. The lender accepts applications from UK companies, individual borrowers, offshore entities, and foreign nationals.
“We’re seeing increasing demand from international investors who recognise the strength and stability of the UK property market,” said Mike Says (pictured), CEO at GB Bank. “Our enhanced buy-to-let proposition reflects our commitment to providing accessible, agile and expert-led lending solutions, particularly on high-value investments. By removing the UK residency barrier, we can say ‘yes’ to more complex cases that mainstream lenders would decline.”
