Expat Mortgages
Are you an expat working or living abroad but wanting to buy a property back in the UK?
Whether you’re seeking a mortgage for a buy-to-let investment, a home to live in when you return, or a second property, it has become difficult to find a high street mortgage provider prepared to lend money at competitive rates.
Applying for an expat mortgage is difficult at best and securing that funding has become the job of experienced mortgage brokers. This is because expatriates are often considered ‘high risk’ by high street lenders because pursuing debt (if payments are not kept up) overseas is much harder than in the UK. Finding the right mortgage will also depend on a number of factors, including which country you are working in, (some countries are on a banned list) how much you earn, what currency you are paid in and how long you have been overseas. So it can be a complex search if you try to tackle it yourself.
At Aspire Financial Services, we understand these difficulties and help you place this with the right lender. We help you prepare the documents, advise you how to get these authenticated and if you are investing in a UK buy to let, we can even point you in the direction of reputable tax accountants to give you the assistance you will need to comply with UK tax legislation for overseas property investment.
Book a free 30 minute consultation now.