Expat Mortgage

It can be difficult getting a mortgage if you’re a non-UK resident and you receive your salary in a foreign currency or lack a UK credit history. An expat mortgage is a mortgage you’d take out on a property in the UK while you’re a UK expat – i.e. a UK national living abroad. This is different from an overseas mortgage, which is where you take out a mortgage for a property that’s not in the UK but overseas.

Most high street lenders don’t offer expat mortgages. Friends Capital have pre-existing relationships with lenders of expat mortgages. We can help you find the best expat mortgage deal. We will review your personal circumstances and then search the entire market to ensure you get the best mortgage rates possible. We will then deal with all the paperwork, submit your mortgage application, liaise with your mortgage lender and solicitor, and ensure that your mortgage application is completed as quickly as possible. We can: 

• Save you money on your mortgage deal 
• Offer a free consultation 
• Offer unbiased financial advice 
• Save you time in your mortgage application 
• Give you a dedicated account manager who is available to you through the process 

Contact Us

Expat Mortgage on a Main Residence in the UK

You may want an expat mortgage on a residential property if:

• You plan on moving back to the UK and want a property here for when you do
• You’re situated overseas but your family live in the UK and you want to buy a property for them to live in and for you when you return

Residential mortgages are available on repayment and interest-only bases. You may want your mortgage on a repayment basis if you’re purchasing a property that’s going to become your residence at some point, as you’ll likely want the balance cleared by the time you retire.

Buy-to-Let Expat Mortgage

You may want an expat mortgage on a buy-to-let property if:

• You’re looking to remortgage a residential property onto a buy-to-let basis because you’re about to move overseas
• You’re situated overseas and have consent to let on a UK property, but need to remortgage it onto a buy-to-let basis
• You’re situated overseas and are renting out your UK property – possibly under consent to let rules with your original lender – but want to remortgage it onto a buy-to-let basis to raise money

How Can Friends Capital Help?

Friends Capital have pre-existing relationships with lenders that welcome expat mortgages. We can search the entire market and get access to the best and most exclusive deals available. Then we will choose the deal that are most appropriate to your personal circumstance. We can:

• Find you a lender that offers expat mortgages
• Find you a deal appropriate to your personal circumstance
• Offer unbiased financial advice
• Give advice on what mortgage lenders will require, including giving you advice on an exit strategy for the mortgage end
• Give you a no obligation mortgage quote
• Deal with all the paper work, liaise with the lenders and solicitors. We will also make sure the application goes through as quickly as possible

Two Steps to Contacting Friends Capital 

Step 1 

Either call us, email us or request a call back using our call back submission form. 

Step 2 

One of our friendly advisors will either call you back within 24 hours (usually the same working day), or will take details from you in order to best deal with your situation. 

When you speak with us, we will take a ‘fact find’. At this stage we take basic details about your situation. We will then search the whole of the market and find you the best deal available. 

If you are happy with the deal that we offer, we will then contact the lender for you and get you what is called a ‘decision in principal’. 

If you’re happy with the decision in principal then we will secure this deal for you and deal with the application for you on your behalf.