Mortgage When Paid in Chinese Currency

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


Ask the Specialist response:

HI Liu

Thanks for your enquiry.

Capital Fortune have successfully assisted UK residents who are paid in foreign currencies. Many lenders will not accept applicants not paid in sterling, and a large proportion of those that do will take 'haircute' for foreign currency fluctuation purposes. 

If you a British national applying from the UK, we may be able to assist with as little as a 10% deposit, however, if you hold an international passport, deposits are typically higher.

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