If you are currently working and living outside of the UK, there are buy-to-let mortgage lending options open to you.
A minimum of a 25% deposit on the property will be required and may be subject to minimum income amount depending on lender.
Lenders will wish to know the answers to the following questions to grant their lending approval:
- Are you (or your joint applicant) a British passport holder with ‘British Citizen’ noted in the nationality section of your passport?
- Are you (or your partner) a UK expat and will you still be expat at the time the mortgage completes?
- Is the property for Buy to Let purposes only and not for you or a family member to live in, or to support a property purchase for a UK resident?
- Do you have a UK bank or building society account from which Direct Debits can be arranged to pay your mortgage?
To discuss your mortgage requirements further, please feel free to contact us.Get in touch to discuss expat mortgages