Expat In Australia Wishing To Buy In UK

Hello,

I have just inherited some money in the UK. I am currently living in Australia and working here. I am considering buying a UK property to put this money to good use and potentially we could return in the future. Would this be something which could be considered?

Thanks, Craig

Ask the Specialist response:

Hello Craig,

Thanks for your enquiry.

Typically we do assist a number of clients looking to purchase a property whilst living in Australia. Currently we are in a position, circumstances permitting where they can obtain a mortgage with a 30% deposit if they have not bought a property before, or, if they have and currently have a UK mortgage with a 25% downpayment. The mortgage will be assessed on your personal affordability, as well as the monies you have recently inherited.

I would advise given your specific circumstances speaking to one of our Advisers on 0044 207 7 100 400 or send us an enquiry online and one of our Advisers will call you back.

Capital Fortune

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Capital Fortune is a trading style of Capital Fortune Ltd , an appointed representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority. Capital Fortune Ltd is registered in England and Wales no: 05683249. Registered Address : Blackwell House, Guildhall Yard, London, EC2V 5AE

The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

The Financial Conduct Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, and conveyancing or debt management.

There will be a fee for our services, the precise amount will depend upon your circumstances, however we estimate that it will be £1495 in total. The fee is typically payable £495 upfront with the balance due immediately on completion. The fee will be refunded if we fail to secure you an agreement in principle based upon the information your provide in the FactFind. You will not receive a refund if, having undertaken the FactFind Questionnaire, you provide inaccurate information, choose not to accept our recommendation or withdraw from the mortgage process.

You will be provided confirmation of our services which we will email to you in our Initial Disclosure Document (IDD).

Calls are recorded for training and monitoring purposes.