As an expat whatever reasons you may have for considering purchasing a house or flat in the UK, the good news is that there are lenders who are more than willing to offer expats a mortgage. Many providers don’t even advertise the fact.
Certain parts of the country are stagnating in terms of increasing but overall the UK market is as vibrant as ever. There is still a lack of housing which makes the buy-to-let market very attractive to expats who want a foothold in the UK and achieve a return on their capital. If you look at the interest rates on offer at the major banks it’s little wonder why expats don’t see savings as a way forward.
Brexit has not deterred expats from buying in the UK, in fact since the vote activity has increase by 13%. After the referendum the industry feared expats would hold back purchasing but that has not been the case.
The expat mortgage market is very complex, and you should seek professional advice as to what product best meets your needs. We have a select number of companies offering very favourable rates which are tailored to suit most needs, including buy to let.
Items you will need to apply
- Deposit available
- Certified proof of address
- Certified ID (Passport)
- Bank statements (Normally 6 months)
- Wage slips (Normally 6 months)
- Certified accounts if self-employed.
These requirements vary from lender to lender and the above is just to give you a guide to help speed up the process. Contact us for any assistance you may require.
Can we assist you?
If you are looking for a new or re-mortgage do get in contact and one of our qualified independent advisers will be happy to help.