Expat Mortgages for British UK Ex pats in the US

Expat Mortgages for British UK Ex pats in the US

British citizens working and living in the United States face a multitude of difficulties when applying for UK expat mortgages. As international mortgage brokers, many of the clients we successfully assist tell us of the problems they face trying to persuade UK lenders to accept their income when paid in US Dollars. They may be employed or self employed but because of their domicile are no longer British tax payers and their salary or earnings may no longer be paid into a UK bank account. They soon realise that because they have been out of the UK for 6 months or more, their credit score may have lowered and they express their annoyance at British banks and Building societies using automated and computerised credit systems rather than taking a common sense holistic approach. They usually approach us seeking UK expat mortgage advice given they are residing in America.

We typically help clients living in the United States with these issues and are able to source British expat mortgages from across a comprehensive panel of lenders. Whether finance is required for a residential purchase or remortgage, expat buy to let mortgages or finance on a holiday home, we can arrange mortgages for expatriates at similar rates to those offered to UK residents. We can help clients on both permanent and fixed term contracts obtain expat mortgage rates as well as those who are self employed.

Generally we secure finance for those working for multinational finance corporations, oil and gas workers, recruitment agencies, the construction industry and State Government agencies. However, we can also assist those working for smaller firms and those who are self employed contractors seeking a mortgage. Expats are now a specialist area of lending.

The economic crisis in the UK has led to a number of lenders withdrawing from the mortgages UK expat market but there remain a number of bespoke and specialist lenders offering highly competitive rates and exclusive deals.  As an expat mortgage specialist, we are able to advise, arrange and process the whole of the application from start to finish and the paperwork will be completed here in our main office for mortgage intermediaries in London. The documents will be sent out to you recorded delivery for signature. Our aim is to make the process of obtaining an expat mortgage UK-wide, as simple as possible.

We can arrange mortgages in London and throughout the UK. Typically we assist those looking to remortgage an existing buy to let or residential property but a number of clients are also looking to make new purchases for a buy to let investment or a residential home to which the will eventually return to. There are a number of interest rates on expat mortgages available and we will take you through the options and match the best lender to meet your needs and requirements. A range of mortgages for expats buy to let and for residential properties are available. Expat buy to let remortgages can be easily organised if you already own the property.

We offer all finance on a capital and interest basis and can also the mortgage interest only. Expat loans may also be on a combination of the two and all repayment vehicles on both an expat buy to let mortgage and a general residential home, will be fully discussed by our team of expat mortgage brokers.

For more information on our products and services including mortgages for expats UK wide call us today.

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.

CodeIntial
Rate
Mortgage
Type
For /
Until
Subsequent
Rate
APRCEarly
Repayment
Charge
Fixed Lender
Fees
% Lender
Fees
Notes

001

1.99%

Fixed

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

None

Expat Buy to Let to75% LTV

Repayment or Interest Only

Expat and UK Resident Joint Application.

002 **SEMI EXCLUSIVE**

 

3.19% Discount

31/12/2019

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

003

 

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.

004

**SEMI EXCLUSIVE**

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

005

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

006

**SEMI EXCLUSIVE**

 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)