Do I Qualify for an Expat Mortgage ?

Do I Qualify for an Expat mortgage ?

Britons living abroad, either temporarily or permanently, will need to obtain a mortgage from a lender that has chosen to lend to expats.

Typically, expats are looking to invest in buy-to-let property whilst living overseas. Perhaps to provide an income in retirement or even to live in upon their return. 

Whilst fluctuating exchange rates can, at times, provide a good opportunity for investors, it is also true to say that many expats earn better salaries abroad than they would do here in the UK. A lower cost of living means they have more disposable income and want to invest in UK property.

Selecting a mortgage to suit your needs.

Securing an expat mortgage doesn’t have to be difficult, but do I qualify? It is always recommended to get expert independent professional help. Using a specialist expat broker will without doubt give you the edge as they will be experienced in this type of mortgage process.

Many expats try to go it alone and secure their own mortgage. This of course can be done but living abroad whilst applying does present quiet a few challenges. Time difference and communication problems to mention a few!!

Real value for money and long-term security.

The UK property market offers really good value for money. This assumes you own a property or can afford to buy one.

Anybody who has owned a property in a good area of the UK over the last 15 years would have seen their investment grow substantially.

Traditionally the UK property market has always offered good value long term investment potential. There is no reason to believe this will not continue long into the future.

Can we help?

If you are looking for an expat new or re-mortgage, please do make contact . One of our fully qualified independent advisers will be happy to assist.