Ask the Specialist

Capital Fortune are asked to help clients on a daily basis, whether it be with a new purchase, remortgage, buy to let or something more unusual. We typically help clients with non-standard, unusual or complex situations and have created this section to allow you to ask our team of specialists any question you may have. Feel free to browse the list of questions and responses. Please note we provide information only in response to the questions posed and not advice. If you do seek advice then feel free to speak to one of our Advisers by calling 0207 710 0400 or send us an enquiry online and one of our Advisers will call you back.

Ask the Specialist

UK Expat in Spain

on Thursday, 26 October 2017 10:36.

Hello,

I am a UK Citizen resident in Spain and I'm exploring the options to apply for a mortgage to buy a property in the North-West of England. I would appreciate more information on the types of Mortgages you provide to UK Expats for this purpose.

Thank you,

Ameen

British Expat in South Asia

on Wednesday, 04 October 2017 15:58.

Hi, 

I am a British citizen with a property in London, which is currently on rent. I have moved to Pakistan for a couple of years for a good job opportunity. My house is currently on a residential mortgage on SVR. I am looking to remortgage my property on a buy-to-let product. I pay taxes and get paid in local currency in Pakistan. If there are any competitive remortgage deals available for British Expats/ non-residents, I'd be keen to explore these ASAP. Many thanks

Shahzeb

Mortgage with a Vendor Gifted Deposit

on Tuesday, 25 July 2017 11:48.

Hello,

Could you assist ne with a vendor gifted deposit? The sale hasn't been agreed but i may be able to get the vendor to gift me a deposit, since the property has been on sale for a while.

Yours faithfully, 

Valerie

Mortgage When Paid in Chinese Currency

on Wednesday, 10 May 2017 20:00.

Hi,

I am living in the UK and having two incomes, one is in Sterling from a UK company, other is in Renminbi from a Chinese company, can they be counted as my total income if I apply a residential mortgage for a UK property?

Thanks, Liu

Expat in Singapore

on Wednesday, 10 May 2017 11:05.

Hi,

I am living In Singapore and need mortgage in UK for UK property. Is this something that you assist with?

Many thanks, Ayyaz

 

Expat in Malaysia Buying New Build Flat

on Saturday, 25 March 2017 04:50.

Hi,

Do you provide any buy-to-let mortgages that are based solely on rental income rather than affordability? I'm looking for 60% on a £325K new build completing in August. I'm a UK citizen based in Malaysia.

Hope you can help. 

Michael

 

Mortgage for Concrete Flat

on Monday, 27 February 2017 23:34.

Hi,

we have been trying to buy our flat but have had difficulty finding a lender as our building is concrete as part of the right to buy scheme.Can I get a mortgage on concrete flat?

Mrs Begum

Expat Returned from Australia

on Tuesday, 28 February 2017 16:13.

Hi, 

I have just returned from 7 years in Australia (returned Nov 2016). We are currently staying with my in-laws. I am purchasing a house for £250,000 and paying cash (problems getting mortgage). I would like to raise a £50,000 mortgage on the property for home improvements etc. I am in full time employment earning £50,000 plus bonus. My DOB is 02/02/1957. Are you able to offer a mortgage?

Ivan

Previously Bankrupt in Northern Ireland

on Monday, 13 February 2017 17:01.

Hi,

Do any of the lenders that you work with provide adverse lending for properties in Northern Ireland?

My wife and I declared bankruptcy in February 2014 and were discharged in February 2015. We have money for a deposit but are struggling to find a lender. Many of the companies I have spoken to will not lend to applicants in Northern Ireland. Can you help?

Niall

Need to Move from Consent to Lease

on Friday, 10 February 2017 10:50.

Hi,

I currently have a mortgage with Bank of Scotland on a consent to lease basis. I need to move to a buy to let mortgage. However I am encountering lots of obstacles. Is this something you can help with?

Thanks, Sabah

 


Ask the Specialist response:

Hi Sabah, 

Thanks for your enquiry.

Capital Fortune assist a number of clients that have had consent to lease with their existing mortgage provider and now need to move to a mortgage lender who are prepared to allow them to let a property in the longer term.

Some mortgage lenders within the market will only lend to experienced landlords and unless you have a current buy to let mortgage they would deem you to be a first time landlord. A lot of clients often tell us that they are also under a lot of duress and pressure by their existing mortgage lender as they undertake the change as well.

If you just wish to obtain an indication on whether we are able to assist you, given your specific circumstances, I'd recommend speaking to one of our Advisers on 02077100400 or send us an enquiry online and one of our Advisers will call you back.

Capital Fortune