- Employed or Self Employed
- All Currencies Considered*
- All Countries Considered including Qatar*
- Residential & Buy to Let
- Non UK Tax Payers
- N Time Restriction Outside of UK/li>
- No Credit Scoring Application for Some Lenders
Mortgages for Expats
We are aware of the clear challenges faced by expats when it comes to securing a competitive ex pat mortgage deal. Clients living abroad often tell us that they feel penalised because they are paid in a foreign currency, have usually been outside of the UK for a year or more and sometimes have issues with their UK credit score. The credit referencing data, from companies such as Experian and Equifax, is not easily updated when a borrower is outside the UK. This information, coupled with the fact that the vast majority of Banks now use automated credit scoring, causes significant problems.
We successfully arrange mortgages for UK expats living abroad and offer both homeowner loans to either purchase or re-mortgage houses or flats. We successfully organise finance on residential properties and mortgages for investment purchases, through our Buy To Let schemes.
The exact amount of the mortgage and interest rate will very much depend on a number of factors, including the country in which you reside, the loan to value of the property, the equity you will put down as a deposit on a purchase, or the equity you have in the property, if you are re-mortgaging. We will also need to consider your income details to ensure affordability.Read More >>
Once we have discussed your requirements, we will be able to advise on the most competitive interest rate, type of mortgage and term, to ensure the loan remains affordable for the duration of the mortgage term.
The level of finance available and the monthly repayment costs will be provided to you in a detailed illustration and this breaks down all the costs applicable, allowing you to make an informed financial decision.
Our expat consultants will guide you through the whole process, including the collation of the financial paperwork, the mortgage application form and will organise the valuation of the property on your behalf. The mortgage lender will then issue a mortgage offer and will look to secure the property by way of a lien, this is a first legal charge against the property. As part of the transaction, if you require, you can use your own lawyers, or we can put you in contact with conveyancing solicitors who can assist on all legal matters.
Our trained consultants will help simplify the process for you. Call us or complete our online enquiry form if you would like to discuss your requirements.
* We are unable to assist individuals deriving income from, or using funds to purchase property from embargoed jurisdictions or those jurisdictions deemed non FATF (Financial Action Task Force) compliant.