Many of the nearly five million British expatriates living and working abroad express a desire to own property in the UK, and Dickson Mortgages stands ready to assist them.
For expats, investing in UK property holds significant appeal, offering a comforting prospect of having a home upon their return. With property values in the UK on the rise, many expatriates are seeking financial support to invest in properties—a scenario distinct from trends in other countries.
Dickson Mortgages specializes in aiding expats from popular destinations such as Hong Kong, Saudi Arabia, Australia, Spain, and the USA in achieving their property goals in the UK.
Our track record demonstrates our success in navigating the challenges faced by expats attempting to secure mortgages for UK properties. These hurdles often stem from tightened criteria set by banks and building societies and complexities surrounding income verification.
We collaborate closely with a range of banks and building societies that cater specifically to expatriates, utilizing our expertise to connect them with lenders enthusiastic about supporting their property endeavors.
To explore tailored solutions and secure an expat mortgage, connect with Dickson Mortgages at 07360 198 995.
What is an expat mortgage?
An expat mortgage serves as a specialized loan option designed for UK citizens living and working abroad, enabling them to purchase property within the UK.
Who qualifies for an expat mortgage?
Eligibility extends to UK citizens residing abroad, British expatriates, and non-UK nationals associated with the UK, seeking property investments in the UK.
What income sources do lenders consider for expat mortgages?
Lenders typically assess various income sources, including salaries, bonuses, rental income, pensions, and dividends earned abroad, when evaluating eligibility for expat mortgages.
Is a UK credit history necessary for obtaining an expat mortgage?
While a UK credit history may enhance applications, some lenders consider alternative credit references or creditworthiness from the applicant's current country of residence.
Which property types are eligible for expat mortgages?
Expat mortgages usually cover various property types, encompassing residential homes, buy-to-let properties, and, in certain cases, commercial real estate.
What loan-to-value (LTV) ratios do expat mortgages offer?
LTV ratios vary but generally range up to 75%, contingent on factors such as the lender's criteria, the applicant's financial situation, and the property's value.
Are there additional fees associated with expat mortgages?
Additional charges may include arrangement fees, valuation costs, legal expenses, and potential currency conversion charges, which applicants should discuss directly with their lender.
What are the repayment terms for expat mortgages?
Repayment terms typically extend over several years to decades, offering flexibility with fixed or variable rates tailored to the borrower's preferences and financial situation.
Can UK expatriates working abroad secure expat mortgages for investment properties in the UK?
Yes, UK expatriates working overseas can apply for expat mortgages to acquire properties in the UK for investment purposes or as their primary residence.
Do all lenders provide expat mortgages?
Not all lenders offer expat mortgages, but numerous banks and specialized financial institutions cater to expatriates with tailored mortgage solutions.
To explore tailored solutions and secure an expat mortgage, connect with Dickson Mortgages at 07360 198 995.
Telephone: 07360 198 995
Email: info@dicksonmortgage.co.uk
7 Mare Street, Hackney, London, E8 4RP
Cultivating mortgage solutions tailored to your property aspirations, residential or commercial, in the heart of vibrant Hackney, London.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.
Dickson Mortgages is an Introducing Broker and operates independently, not regulated by the Financial Conduct Authority or the Solicitors Regulation Authority.
Dickson Mortgages offers execution-only products, empowering clients to make independent financial decisions tailored to their needs.
All mortgages are subject to status and lender criteria.
Most buy to let mortgages are not regulated
Please be aware when using the mortgage calulator, the results are for ilustrative purposes only and should not be considered as a mortgage quote.
A broker fee may be payable upon mortgage application as well as an administration fee. The total fee payable will depend on your circumstances. A member of our team will explain any fees applicable in your initial appointment.