Expat Mortgages
- Over 25 years experience providing expert mortgage advice to our clients
- Expertise in Residential and Buy-to-Let expat mortgages
- A team of expert mortgage advisers who manage the whole transaction
Expert Expat Mortgage Advice for UK Property Buyers
Are you a UK expat or overseas buyer looking to purchase property in the UK? UK property remains a strong investment for expats and overseas buyers. But accessing the right mortgage deal from abroad can be challenging.
Getting a mortgage as an expat can be more challenging due to:
- Limited product availability
- Stricter affordability assessments
- Complex and varied lender criteria
- Foreign currency considerations
From returning to the UK to buying a home for your family or investing in Buy-to-Let, we’ll help you secure the right expat mortgage. Our advisers specialise in expat mortgages and can guide you through each step, making the process as smooth and stress-free as possible.
Important: If your mortgage is a foreign currency mortgage, fluctuations in exchange rates could increase the Sterling value of your debt, so expert advice is essential to protect your investment.
- Helping Expats With
- Residential expat mortgages if you are moving back to the UK, or need a property for your family or children to live in
- Buy-to-Let expat mortgages if you are moving overseas and need to remortgage an existing property, or are looking to purchase an investment property
Types of Expat Mortgages
You may want an expat mortgage on a residential property if:
- You’re planning your return to the UK and want to secure a property before you arrive
- You live abroad but want a safe, comfortable home in the UK for your family to live in now or when you return
- You’re investing in a property for your child or children to live in while they study in the UK
If your mortgage is classed as a foreign currency mortgage, changes in the exchange rate may increase the Sterling equivalent of your debt.
You may want an expat mortgage on a Buy-to-Let property if:
- You’re moving overseas and want to remortgage your existing UK property as a Buy-to-Let
- You live overseas with consent to let a UK property but need to switch to a Buy-to-Let mortgage
- You’re ready to purchase a UK Buy-to-Let property as an overseas investor
If your mortgage is classed as a foreign currency mortgage, changes in the exchange rate may increase the Sterling equivalent of your debt.
Ready to Discuss Your Expat Mortgage?
Complete our enquiry form and one of our expat mortgage advisers will be in contact.
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FAQs
Yes, expats can secure a mortgage in the UK, but the process is often more complicated than for UK residents.
Lenders have stricter criteria for expat applications due to factors like foreign income, residency status, and currency risks.
However, with the right expert guidance, it’s entirely possible to find a mortgage that fits your circumstances.
At SPF Private Clients, we specialise in helping UK expats operate in this unique market. We work with lenders who understand expat needs and offer competitive expat mortgage products designed for overseas buyers.
Yes, mortgages are available to UK expats living abroad, for both residential or Buy-to-Let purposes. Some lenders may have restrictions in place on which countries they accept. We help clients all over the world who don’t currently, or have never lived in the UK.
The vast majority of lenders will require a UK bank account. Some will open one as part of the application, but for others you will need to open one in advance of submitting the initial application.
No, everything can be done via email, scanning documents, e-signatures and the post.
Typically, it takes 4-8 weeks to obtain a mortgage offer for an expat mortgage. It will then go to your solicitor to complete the final work required to move to exchange/completion.
Exact deposit amounts for an expat mortgage will depend on the lender and your circumstances, but typically 20-30% would be the minimum requirement.
To apply for an expat mortgage in the UK, you’ll need to provide a range of documents to help lenders assess your eligibility and financial stability. While exact requirements vary between lenders, you can typically expect to supply the following:
- Proof of identity: a valid passport or national ID card
- Proof of address: recent utility bills, bank statements, or tenancy agreements from your country of residence
- Proof of income: payslips, employment contracts, or tax returns if self-employed
- Bank statements: usually covering the last 3 to 6 months
- Credit report: from your current country of residence and/or the UK
- Details of the property: including the purchase price and intended use (residential or Buy-to-Let)
- Proof of deposit: showing the source and availability of funds
Additional documentation may be requested depending on your location, currency of income, or the specifics of the mortgage.