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Securing an expat mortgage on a UK property
Finding the UK property you want is the first step and is relatively easily done. The next issue to address is raising that all important expat mortgage.
Good news is this is not as difficult as it sounds so don’t be put off or misinformed by what you may hear from the banks overseas. The expat mortgage market has grown significantly over the last 10 years and lenders are very keen to secure your business.
With the correct advice and support securing an expat mortgage can be a very simple process.
Getting this support is a vital component in the chain of events, due to the applicant’s location, as it is likely he or she will be living abroad.
Using an Independent broker registered with the FSA in the UK you’ll enjoy a number of advantages compare to “going it alone”.
These include:
- Choice of deals currently available
- Choice of lenders
- Expert advice
- Fully qualified adviser
- FSA regulated.
Despite all these advantages some believe they will be better off speaking to one bank in the UK about the loan they require. Experience shows that this is just not the case as you will only have a couple of deals to choose from, it is far better to have all options open to you.
Selecting the correct deal for you can save a large amount of money in the long term.
Can we assist?
If you require help with your new or re-mortgage, please do contact one of our fully qualified independent advisers.