RAW Capital Partners has launched a new, lower fixed rate product at 6.99%, with loans sizes ranging from £50,000 to £4m on a single property.

The lender can lend and up to £8.5m to a single borrower, and offers up to 65% loan-to-value (LTV).

In addition, RAW Capital Partners has also announced an additional £100m available to lend to foreign nationals and UK expats looking to purchase UK buy-to-let (BTL) properties.

Ben Nichols (pictured), 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 £100m 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.”