Expats Buying UK Property
As many Brits will tell you, buying property is a great investment, but it can be harder for non-residents to get a mortgage, even though there are technically no restrictions to doing so. The credit checks that most lenders use are very hard for expats to pass, meaning that you have to jump through hoops or look around to find the right finance deal for your needs.
What’s more, many of the larger banks that can deal with the complications of non-resident applicants – foreign legal systems, extra identity checks, etc. – aren’t interested in the extra risk. If you’re interested in buying a residential or rental property in the UK, we can help you find the finance you need without the hassle.
Depending on whether you want to live in or let out the property, you’ll need a residential or buy-to-let mortgage, which have different rules and regulations. Lucky for you, buy-to-let mortgages aren’t as strictly regulated as residential mortgages, so getting the right mortgage for your needs might be easier than you think.