If you wish to buy a house in the UK and use it as your primary residence, some lenders will consider up to 95% mortgages, subject to specific lending terms.
Lending criteria and mortgage terms vary tremendously and different lenders will use their own policy to determine a maximum loan figure.
In addition to the offshore lenders, a number of UK based banks and building societies will now consider applications from British expatriates planning to purchase a home in the UK.
Expatriate lenders will use income multiples, affordability and employment status before offering mortgage terms. Some mortgage lenders have strict policies and rigid lending criteria. Other lenders however are more flexible and consider individual circumstances before issuing a mortgage offer.
We've been sourcing UK expat mortgages for a long time, and we know exactly which lenders will consider your application from the outset.
We could save you time and expense when applying for an expat mortgage. By using our experience we do everthing possible to ensure your mortgage application is successful first time and without delay.
Unfortunately some lenders who initially accept applications from expats decline them later during the underwriting stage when strict lending criteria cannot be fully met.
Generally speaking, the following table should give you a good idea of the maximum Loan To Value (LTV) available if you're considering buying in the UK.
|Employment status||Max LTV|
|Employed (Spouse in UK)||90%|
|Employed (Returning to UK)||90%|
Since October 2004, the selling of UK mortgages has been overseen by the Financial Conduct Authority (FCA).
For regulated mortgages you should now be able to find clear comparable information about the service you receive and the mortgage itself. This also means that when you ask us to give you mortgage advice you can be assured that we'll offer you a mortgage that best fits your needs.
Our company was established in 2002 as a specialist expat mortgage and insurance broker.
Since then we've helped 1000s of UK expats and our experience means we can quickly find the best products to suit your individual needs.
Being part of the UKs largest network of Financial Advisors also means we have access to many exclusive mortgage rates not available anywhere else.Read More
We help both UK expatriates and foreign nationals find mortgages for UK property.
We can normally find a suitable mortgage for most individuals including contractors and self employed workers.Contact Us