As an expat looking to invest in property back in the UK, the mortgage process can be a little more complex. Whether you’re working abroad and want to purchase an investment property, a buy-to-let, or a home to return to in the future, we specialize in helping UK expats secure mortgages with competitive rates, even if you’re currently living and working overseas.
Challenges for Expats: Many traditional lenders are hesitant to offer mortgages to expats due to the complexities of verifying foreign income and managing risks associated with different currencies. However, with the right expertise, expats can still access a range of competitive mortgage products.
Key Features:
- Specialist expat lenders who understand foreign income structures and overseas work contracts.
- Flexible criteria for proof of income, taking into account foreign earnings and tax implications.
- Access to competitive rates and terms for both residential and buy-to-let mortgages.
What You’ll Need:
- Proof of UK credit history: Even while living abroad, maintaining a good credit history in the UK is beneficial.
- Proof of foreign income, often requiring documentation such as pay slips, bank statements, and tax returns.
- A solid deposit: Expats may be asked to provide a larger deposit to compensate for perceived risk.
Why Choose Us?
- Access to lenders who specialize in expat mortgages, ensuring that you get competitive rates.
- Experience in navigating the complexities of foreign income and tax implications.
- Tailored advice on how to best structure your mortgage for investment purposes or future relocation.