Non-Resident UK Mortgages

CAN A NON-UK RESIDENT GET A MORTGAGE?

The answer is yes! A non-UK resident mortgage is something that is allowed by a lot of mortgage lenders in the UK which is great news for anyone who is looking for a non resident buy to let mortgage or possibly looking to move to the uk in the near future. Now, understandably there are a few rules and restrictions surrounding what you can and can’t do and we will be able to help you with finding the right path.

GETTING A MORTGAGE IN THE UK AS A NON-UK RESIDENT

Although it’s true that not all mortgage lenders offer non resident UK mortgages, there are many that understand the appeal of purchasing on the uk market and understand that there are a lot of great buyers based abroad who will be ideal mortgage customers for them.

Mortgage lenders who offer international mortgages for UK property will have some restrictions on high-risk countries, essentially countries that they consider as unsuitable due to high levels of fraud, crime and conflicts. These lenders will have a full list of unaccepted countries on their website and your mortgage advisor will also check this for you. When getting a uk mortgage for non-resident investors or residential purchasers your mortgage advisor will also consider your income as lenders often require you to earn a large minimum income. They will also want you to put down a minimum deposit which is often higher than most lenders would ask for a UK resident. All these factors will be looked at closely by your advisor to make sure that you are applying to the most appropriate lender.

THE IMPORTANCE OF TALKING TO A NON-UK RESIDENT MORTGAGES EXPERT ADVISOR

Getting a mortgage can be complicated and confusing at the best of times and getting a uk mortgage whilst living abroad can be even more challenging and getting something even slightly wrong can make a huge difference. Purchasing a property should be an exciting time for everyone so we want to take the stress out of your application and make the experience as smooth and enjoyable for you as possible. Through our exclusive connections, we have access to a catalogue of non resident mortgages and uk non resident mortgage lenders who are all committed to helping you buy your ideal property in the UK.

Over the years we’ve helped clients secure a uk property mortgage for a number of different reasons and no scenario is too big a challenge for us because we want you to be able to trust us to secure you a mortgage most suited for you.

Think carefully about securing other debts against your home or property. Your home or property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it. Information is based upon our current understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from taxation, are subject to change.

Some forms of buy to let mortgages are not regulated by the Financial Conduct Authority.