UK Mortgages for British Expats in Hong Kong

UK Mortgages for British Expats in Hong Kong

Hong Kong continues to remain a huge attraction for British ex pats needing mortgages for expats. The low tax regime, its modern public transport and wide use of English as a foreign language may somewhat account for the 20,000 UK expatriates settling there.  Many have continued with their UK property, here at home and have either obtained permission let from their mortgage lender or have undertaken one of the expat UK buy to let remortgages which are available. Whilst cheap interest rates on expat mortgages have become increasingly difficult to obtain, there still remains a handful of lenders offering competitive UK mortgages in London and throughout the country.

As mortgage intermediaries in London we are contacted by many British expats in Hong Kong requesting UK expat mortgage advice. Usually clients before making contact may have spoken to their existing lender or other international mortgage brokers and have been surprised by the limited availability of competitive expat mortgage rates. They typically express frustration that despite having a good income, as non –UK tax payers they are struggling to undertake mortgages. UK expats generally have substantial equity in their home to undertake an expat but to let remortgage or have a good deposit to put towards a new residential purchase and the indicate their surprise that a UK lender may have declined their application.

The major difficulty for those seeking mortgages for expatriates is that the majority of UK lenders now employ computer credit checking systems.

A lack of UK credit or inactive credit cards causes applicants for ex pat mortgages to receive a low credit score. Usually, the fact that applicants are no longer registered for UK utilities such as gas, electricity or a BT telephone, decreases the scoring further and if not registered for Council tax or the UK voters register, it becomes obvious what problems can now be faced getting a mortgage. Nationals abroad, have limited, but highly competitive choices available when it comes to mortgages. UK expat finance can be offered at rates similar to those living at home.

As expat mortgage brokers, we regularly speak to clients expressing these difficulties. The fact that they are paid in a foreign currency and not usually paid into a UK bank account often compounds the problem, but solutions are at hand. There remain a number of expat mortgages UK-wide and these mortgage providers, will often take a more holistic view when considering an application from a UK expat living in Hong Kong.

We are the UK expat mortgage specialist and offer a range of residential products for those remortgaging their own home or looking to purchase for when they return. In addition we offer expat buy to let remortgages for those currently renting their property as well as a new purchase expat buy to let mortgage for all potential investment purchases .

Hong Kong was a former British colony and is well located both in geography and culture to China.  The city where “East meets West” is a major financial hub and the UK influence, particularly within the banking and financial sector facilitates Hong Kong residents applying for mortgages. For expats buy to let is increasingly popular. Despite the island leaving British control in 1997, increasing numbers of UK expats live there and work visas granted to British nationals continues to rise year on year, according to Hong Kong Immigration Department figures.

Our expat mortgages Hong Kong service offers comprehensive panel advice and we will look at all available rates from right across the UK. Typically, the clients we assist are looking to undertake and expat buy to let remortgage on an existing property, however many are now looking to purchase property in the UK due to widespread media reports of increasing house prices. Some are looking for a mortgage interest only. Expat finance can however be arranged to pay off the capital and we will assess your needs and will advise which is the most suitable for your needs and circumstances form the range of available mortgages for expats UK-wide.

To speak to one of our expat mortgage UK team call us today on (00 44) 845 3 630 430

How to get in touch

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Selected Expat and Offshore Worker Mortgages

A selection of some of our lenders mortgage products and rates are shown below. Contact us for a quote specific to your circumstances. Table data updated 26/07/2017.

For /
Fixed Lender
% Lender




30/09/2019 4.59% 4.70% 2% in year 1, then 1% in year 2 £995


Expat Buy to Let to75% LTV

Repayment or Interest Only

Expat and UK Resident Joint Application.



3.19% Discount


5.70% 5.70% 3% in year 1, then 2% in year 2 £0 0.75%

Expat Residential to 80% LTV

Second Home or UK Base



1.69% Discount 31/07/2019 5.70% 5.70% 1% until 31/07/2019 £199 None

Expat Residential to 75% LTV

Free Standard Valuation.

Either: immediately returning to the UK or UK resident and Expat Joint Application.



2.89% Discount 2 Years 5.70% 5.70% 3% in year 1, then 2% in year 2 £0 0.75%

Expat Buy to Let

Max 50%-75% LTV (product dependant)

First Time Buyers / Pure Expat Applicants Considered


1.24% Fixed 30/11/2019 3.75% 3.75% 2% in year 1 & 2 £995 None

Expat Residential

Max 60% to 90% LTV (product dependant)

UK resident and Expat Joint Application



 2.80% Discount  2 Years  5.29%  5.29%  2% in year 1, then1% in year 2  £995  None 

Expat Holiday Let

Max 60% - 75% LTV (product dependant) 

007  3.60% Fixed 31/08/2019  4.00%  4.00%  2% in year 1,then 1% in year 2  None  1% 

Expat Buy to Let

Max 65% - 75% LTV (product dependant)

Personal income used (not based on rental income)