Yacht Crew Mortgage Advice

Yacht Crew Mortgage Advice. If you are from the UK and are a UK national but are living or working abroad as a yacht crew for a period of time then you may be able to get an expatriate mortgage.

Expatriate mortgages are much like standard UK mortgages. There are some lenders who specialise in expat mortgages and some that don’t.

Expat mortgages completing faster.

The time it’s taking this year to complete an expat mortgage has reduced significantly in the last 12 months.

The industry is seeing a new application in a straightforward case complete in a matter of weeks rather than months. A straightforward re-mortgage is now on average completing in less the 5 weeks which is significantly quicker than 12 months ago.

Yacht crews are advised to consult a mortgage broker.

Mortgage brokers are advisers who specialise in finding mortgages for those who want to buy property. The advantage of using a mortgage broker is that they should know what mortgage products are available to buyers in your circumstances from amongst the banks and building societies they work with.
They should also be able to find you the best type of mortgage for you, at the best interest rate.
Like to know more?

If you require help with your new or re-mortgage, please do contact one of our fully qualified independent advisers who will be happy to assist.