EXPAT Mortgages FAQS

An Ex-Pat Mortgage refers to a standard mortgage, but one where the lender can lend to a UK national, living abroad, recently returned, or even a foreign national living in the UK. Learn more >

EXPAT Mortgages FAQS

How much can I borrow with an Ex-Pat Mortgage?

This is dependent on your income, deposit available and being able to meet the lender’s criteria, but you may be able to borrow up to 75/80% of the property’s value with an Ex-Pat Mortgage.

How much deposit do I need for an Ex-Pat Mortgage?

The minimum deposit for an Ex-Pat Mortgage is 20/25%.

Can I have an interest only mortgage with an Ex-Pat Mortgage?

Yes. There are some Ex-Pat Mortgage lenders that will lend to you and allow interest only. You will need to provide evidence on how you will pay back the loan at the end of the term. For example, selling and downsizing or lump sum from a pension.

What’s the process to apply for an Ex-Pat Mortgage?

To apply for an Ex-Pat Mortgage, the process is largely the same as a standard mortgage. The steps would involve:

• Initial enquiry.

• Agreement in principle.

• Mortgage application (borrower checks, income verification, valuation etc)

• Mortgage offer issued.

• Solicitor progression.

• Completion and release of funds.

I have recently returned from abroad; do I need to apply for an Ex-Pat Mortgage?

You may not need to apply for an Ex-Pat Mortgage, it will depend on the time you have been back in the UK. Most lenders have a minimum time that you need to have been back to apply for a standard mortgage. If you do not meet this threshold, you can consider applying for an Ex-Pat Mortgage as the same lenders are typically able to consider borrowers with no minimum time in the UK.

Can I apply for a Buy-to-Let Ex-Pat Mortgage?

Yes. There are lenders that will offer Buy-to-Let Ex-Pat Mortgages to Ex-Pats and foreign nationals.

Can I get an Ex-Pat Mortgage with bad credit?

As with most forms of borrowing, having adverse credit can have an impact on; either your ability to obtain finance, or the terms that are available to you. Obtaining an Ex-Pat Mortgage is no different. Thankfully there are lots of lenders out there that will consider both adverse credit and Ex-Pats/Foreign Nationals, so with a good mortgage broker, you should be able to find a solution.

How can you help me get an Ex-Pat Mortgage?

As a broker we can go through your personal situation and search the market for the best Ex-Pat Mortgage that is available to you, using a combination of specialised software and experience.

I am Self-Employed, can I apply for an Ex-Pat Mortgage?

Yes. There are some lenders who will allow you to apply for an Ex-Pat Mortgage if you are Self-Employed, although it is more difficult than if you are employed.

My deposit is coming from abroad, can I still apply for an Ex-Pat Mortgage?

Yes. You can apply for an Ex-Pat Mortgage but be aware there will likely be more stringent checks on your source of deposit/build up of wealth. The level of due diligence will also be proportionate based on the country of origin that the deposit is coming from.

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Book A Call To Discuss Expat Mortgages

If you have an enquiry and would like to discuss Expat Mortgages in more detail, please get in touch or schedule one of our Expat Mortgage broker experts to give you a call.

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At MRG Private Clients, we believe in providing our clients with personalised guidance and support when it comes to making important financial decisions. We are based in Medway, Kent but offer our specialist mortgage services nationwide. Learn more about our specialist mortgage services >