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Mortgage with Foreign Currency Income

  • All Currencies Considered*
  • From 5% Deposit
  • Non UK Taxpayers
  • Non Residents
  • No Credit Scoring
  • Common Sense Underwriting
  • No Maximum Age
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Mortgage with Foreign Currency Income

At RockHopper we can assist those clients looking to arrange a mortgage or remortgage when they receive income in a currency other than the Pound Sterling. This includes income received from employment, self employment, pensions, investments etc.

This could either be for a property to be used for the client, or their family members. Alternatively, it could be a buy to let property where the client wishes to rent the property to suitable tenants.

Clients who earn income in a foreign currency often tell us they are frustrated in trying to arrange a mortgage, as most lenders will not consider income if it is not earned in Pound Sterling. Those lenders that will consider other currencies, we are told, often have a short restricted list of currencies they will consider which often doesn’t fit with the way the client is paid.

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Clients also inform us that lenders may have drastically reduced their level of earnings by 25% to 50%, to take into account future currency fluctuation risks. Additionally, most lenders will not factor into their affordability assessment that clients may be paid tax free or on much lower levels of tax than in the UK. This can often result in either a mortgage decline or clients being offered a much smaller mortgage than they ideally require and can lead to them losing out on the property or not being able to remortgage.

The typical scenarios we assist clients who earn income in a foreign currency are:

  • Mortgages where one or more of the customer(s) are paid in a foreign currency even though they live and work in the UK
  • Joint mortgage applications where one of the customers is in the UK and the other customer works overseas, often flying back to the UK on a regular basis
  • Applications where the customer(s) are overseas and wish to return to the UK immediately
  • Applications where the customer(s) are  overseas and have no intention to return to the UK

We find the most popular currencies for our foreign currency income clients are:

  • US Dollar
  • Euro
  • Japanese Yen
  • Chinese Yuan
  • Australian Dollar
  • Singapore Dollar
  • Hong Kong Dollar
  • Swiss Francs
  • UAE Dirham
  • Saudi Riyals

We can, however, look to assist clients paid in most worldwide currencies as well as clients working in most countries across the globe.

At RockHopper we look at all cases individually and assess each mortgage or remortgage on its own merits. Do get in touch if you want some assistance in obtaining a mortgage with foreign currency income. We offer a free initial, no obligation, assessment to see if we can help you.

*We are unable to assist individuals deriving income from, or using funds to purchase property from embargoed jurisdictions or those jurisdictions deemed non FATF compliant.

 

Best Deals -Purchase

Lender Initial Rate Type For Then APRC* ERC* Fee
BFU 1.29% Discount 2 years 5.64 5 2 years £1492
BSO 1.49% Discount 2 years 5.19 4.7 2 years £1492
BSO 1.49% Discount 2 years 5.19 4.7 2 years £1492
BSO 1.49% Discount 2 years 5.19 4.7 2 years £1492
BSO 1.49% Discount 2 years 5.19 4.7 2 years £1492
BBV 1.52% Discount 2 years 4.99 4.4 2 years £1492
BMO 1.64% Discount 2 years 4.99 4.5 2 years £1492
BSO 1.69% Discount 2 years 5.19 4.6 2 years £1492
BSO 1.69% Discount 2 years 5.19 4.6 2 years £1492
BSO 1.69% Discount 2 years 5.19 4.7 2 years £1492
*APRC = Annual Percentage Rate of Charge
*ERC = Early Repayment Charge
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The mortgage products displayed above are as a result of the following search:
Reason for Mortgage: Purchase; Property Valuation: £200000; Mortgage Amount: £120000;Payment Method: Repayment; Mortgage Term: 25 years; Mortgage Product: All Offset: No Product Term Period From: 0 Months; Product Term Period To: 300 Months; .

The mortgage deals shown above are subject to individual status and a suitable security property. You may not be eligible for some or all of the deals shown given your status and/or the nature of the security property. For a more accurate indication as to mortgage deals you are eligible for, please contact us to discuss your specific situation and/or property.

 

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David and Alex were very helpful in finding us a lender for our dream home. Thank you!....
For service -  Resi/Purchase/Austrey Lane
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By: Thomas Rae
They managed a remortgage when others could not. Would recommend to others.....
For service -  Resi/Remo/East Argyle Street
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By: Tim Wright
This was an excellent service from start to finish. Due to my circumstances ( paid in dollars) I cou....
For service -  Resi/Purchase/Heatherway
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Excellent service. Delivered my non standard mortgage. Anticipated challenges ahead and collected th....
For service -  Resi/Purchase/Monks Lane
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Had a great experience which resulted in successful purchase of our new home. Thanks to Alex Fryday.....
For service -  Resi/Purchase/Robson
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Very, very helpful and came through when others could not help (30+)

I wanted a mortgage at a particular LTV (20%) for a recent (less than 2 years) immigrant (Tier 2). I....
For service -  Resi/Purchase/Robson
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By: Andy Carmichael
We’ve had exceptional service from David and Alex to a difficult mortgage over the line. They have....
For service -  Expat/BuytoLet/Remo/King Edwards Road
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The best in the business.

Rockhopper has assisted me with my mortgage requirements on a number of properties. On every occasio....
For service -  Resi/Remo/Riddlesdown
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Highly recommended

By: Karl Davies
As a contractor earning salary in foreign currencies, I was unable to secure a mortgage via traditio....
For service -  Resi/Purchase/Hawthorns
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By: Francis Hornyold-Strickland
Great service. Lovely people and ended up with a great rate. My only suggestion would be to move awa....
For service -  ProductTX/Ferndale
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By: Gemma Hartley
A professional service from start to finish, good communication and helped me when other mortgage br....
For service -  Resi/Purchase/Upper St John St
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Rockhopper Mortgages are superbly professional and totally in control.

David Rostron and Alex Fryday of Rockhopper Mortgages were brilliant! I wanted to shuffle my mortgag....
For service -  BTL/Remo/Bay Tree
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Friendly, helpful and professional service.

By: Robert Cammidge
Friendly, helpful and professional service, took the stress out or re-mortgaging.....
For service -  Resi/Remo/Windham Road
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Superb service!

Excellent service from David and Alex, we were guided throughout the whole long process of our mort....
For service -  Resi/Purchase/Curlingham Crescent
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Excellent service

Refreshingly clear and straight forward process with strong, responsive communication.....
For service -  Resi/Purchase/Kenilworth Court
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By: Maurice Pickup
A very professional service.Guided through the process from beginning to end.Kept well informed thro....
For service -  Resi/Remo/Woodbine Cottage
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By: Alastair Finney
David and Alex were always very responsive and expert with their advice. Really excellent customer ....
For service -  JASP:Resi/Purchase/Parklane
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By: Rob Baines
Very helpful finding a tricky mortgage for our property with a cattery.....
For service -  Resi/Purchase/Greengarth
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Excellent service yet again

By: Dawn Crawford
This is our second time using Rockhopper - this time, for a remortgage. Yet again, they managed to s....
For service -  Resi/Remo/Heycroft
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Brilliant BTL refinance

By: Andy A
Dave and the Rockhopper team did a brilliant job of our £400k BTL refinancing despite a complex inc....
For service -  BTL/ProductTX/AxisCourt
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RockHopper Mortgages is a trading style of RockHopper Origination Limited who is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority.

RockHopper Origination Limited is a company registered in England and Wales with company number 10241688. Registered Office:Rockhopper, Blackwell House, Guildhall Yard, London, EC2V 5AE

The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

CONTACT US

Tel: 0203 621 5696
Fax: 0203 621 5697
Email:info@rockhopper.uk.net

Address: Rockhopper, Blackwell House, Guildhall Yard, London, EC2V 5AE

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