best EXPAT mortgage

beetle24

Hi there:

I'm currently working in Asia and need to remortgage my house in the UK. I'm still in the UK tax year and my wife (joint owner) still works in the UK.

Any ideas on the best place to look and what kinda mortgage would be most beneficial for a loan of 195K? :rolleyes:

ADDING the following post response from herbiessjp (cheers):

Property value about 275+K as justcompleted extension and need to get it valued (also taking into consideration the current climate!).

Two incomes are about 100K gross.

herbiesjp

You should have choices.

However you have not put the property value, or your two incomes - which would help in seeing if it is viable

I would also suggest going via a broker as some lenders are funny if you are not currently paying UK tax - not sure what you mean by:

I'm still in the UK tax year

herbiesjp

Based on the added figures - you should be fine to find a new deal

Who is your current lender and what have they offered?

Once you have that - I'd say get in contact with a whole of market adviser

These have been straightforward in the past - no problems with countries like Bermuda, Libya, Portugal, New Zealand etc

But in the current climate the requirements may just be a little higher in terms of your employment status - your wife should be fine

koexelek

Some lenders want you to be employed by a multi national company if you are working abroad.

The RBS group have historically been good at ex pat mortgages.