Property News · May 11, 2016

RBS and NatWest to stop offering mortgages to British expats


From 19 May, banks’ new policy will require applicants to be resident in the UK in order to be eligible for a mortgage Royal Bank of Scotland and its NatWest arm have been accused of turning their backs on Britons living abroad after becoming the latest UK lenders to stop offering mortgages to expats.The banking brands did not give a reason for the change in policy, which means that from 19 May, applicants must be resident in the UK in order to be eligible for a mortgage with NatWest or RBS. Continue reading…

Source : theguardian.com
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