Getting an expat mortgage
There are many ways in which the expat can gain an introduction to a mortgage lender but by far it is considered that using an established and experienced expat mortgage broker will prove to be the most effective. Such a broker will know the market and be familiar with lending criteria and will best be able to match your circumstances and requirements to the lender most suited to you.
You can of course do your own research and make your application directly to your lender of choice but unless you know that lender or have already had discussions with that particular lender, you will probably find the process to be slow and likely to result in the failure of that lender to provide the mortgage you require. At that point you would need to start out all over again with another lender with the possibility of achieving the same result.
Expat mortgage brokers can be easily found in the internet but if you are reading this, all you have to do is complete the mortgage enquiry form here on expatriates.co.uk and you will immediately be in touch with one of our suitably experienced mortgage brokers who fully understands the market and lending criteria and who can walk you through the complete process.
Expat Mortgage Guides
Why is it harder to get an Expat Mortgage?
What's involved in arranging an expat mortgage?
Equity and Remortgaging
Multiple Expat Mortgages Guide
Going for a fixed rate expat mortgage
Expat Income & Credit Rating Requirements
What Costs are involved in buying a home
Expat Mortgages With Bad Credit
Expat Mortgages for Right to buy Properties
First time buyer’s guide to expat mortgages
Can Expats get Buy to Let Mortgages in the UK?
Will a change in my employment affect the mortgage application?
Expat mortgages with a Low Deposit
Pensions and buy to let market
Expat Mortgage Types
First Time Mortgages for Expats
As a young expat considering your first move into owning property for the very first time, there will be a host of potential problems to overcome, particularly if it is your intention to fund the purchase through some form of finance.
Mortgages for Expats
Buying a house is one of the most important purchases you will make, and buying a home for the first time will be an even more daunting prospect.Add to this the vast array of mortgage products available from a wide range of sources, and you are left with a high-stress, confusing decision.
When you remortgage your property, you are switching your mortgage arrangement to another deal with the same or another lender.Remortgages can be used for various purposes, however most people simply switch mortgage because it will work out cheaper for them then their current mortgage repayment.
Buy to Let Mortgages for Expats
A buy-to-let mortgage, also known as an investment mortgage, is designed for borrowers who want to buy a property to let out to a third party (e.g. tenants). The amount that the buy to let landlord receives in rent may be over and above the mortgage payments and will help to offset the management and maintenance costs of the property.
Bridging and Secured Loans for Expats
Bridging loans are usually seen as a temporary way to alleviate cash problems when outlaying large amounts of money and waiting for other sources of finance.Bridging loans can come in handy in all sorts of situations, whether buying a property, extending a property or buying a business.
HMO Mortgages for Expats
HMO stands for houses in multiple occupancy and are often favoured by BTL landlords due to their ability to obtain higher rental on the property which in turn, increasers the potential yield. For more information on HMO Mortgages click on more information.
Commercial Mortgages for Expats
A commercial mortgage is probably the best way to finance the purchase of buildings and land for business purposes, it provides the most flexible and affordable finance solution.Commercial mortgages are a specialist mortgage as the lender will typically have legal claim over the property until the whole loan has been repaid.
Limited Company Buy to Let Mortgages for Expats
UK Expats have viewed Buy to Let (BTL) investment in the UK as an ideal way to owning property and building their wealth. While it has been a very popular choice for UK expats, it has also been popular with the British public when they have found themselves with a bit of spare cash.
Non Expat UK Mortgages
Although expatriates.co.uk is a site that is dedicated to expatriates of all nationalities living anywhere in the world, we want the services we provide to be available to UK residents in the same way as they are with expats.
Whether you are a looking to buy or re-mortgage, it is important that you get a realistic indication of your maximum borrowing limit and your likely repayments. As interest rates can vary, you must be aware that your payments can go up and down over the term of the mortgage.