I am looking at taking a mortgage in the near future. We dont have a property chosen yet but we are starting to look at a few options.
My main concern is i work in Dubai and my family has recently moved back to the UK so would need a lender that understands my situation.
Also i would like to find out the amount we would be able to borrow to give us a clear idea of the market range we are looking at.
At present i am paying 850 Pounds per month rent in the UK so woul like to convert this in to paying for my own home.
Look forward to your reply
Ask the Specialist response:
Many thanks Richard for the enquiry.
The scenario presented isnt unusual for us as we have worked with quite a few clients before who would like to arrange a mortgage for a family home in the UK whilst working overseas.
We do work with a number of lenders who will consider your income in Dirhams, status as a non UK tax payer, and the fact that your family will be living at the property.
As a guide, the maximum you would be looking at in terms of borrowing is 6 times your salary - subject to your status and affordability.
As every case is different I would recommend calling into the office on +44 20 77 100 400 to speak to an adviser, our Request a Callback and one of our advisers will call you back in Dubai.