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Expat trying a buy to let
Desperate_Expat
Posts: 1 Newbie
I am a British expat working in South Africa and looking for a Buy to Let mortgage. I already own a property in the UK and it appears that there are very few companies willing to provide a buy to let mortgage. Can anyone advise which companies offer these type of mortgages please without breaking the bank.
Thank you.
Regards
Deserate Expat.
Thank you.
Regards
Deserate Expat.
0
Comments
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It is an encouraging news that there are lots of lenders offer buy to let mortgage in UK. Please follow the below link to read further in buying buy to let property in UK:
liquidexpatmortgages.com/UK-BUY-TO-LET-MORTGAGES-page-10.html0 -
There are specific expat buy to let products available from a couple of offshore lenders which tend to be relatively cheap, but based heavily on affordability. i.e. Not just the rental income, but your salary etc. Typically 60% would be the maximum from these, especially if you required it on interest only.
Equally there are some UK buy to let lenders that will consider lending to expats up to 75% potentially. Best speak to a good whole of market broker ... i.e. not spam merchants like smarshall (reported to abuse by the way).0
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