UK mortgage for an ex-pat :)

dothebartman

I am currently working in NZ and have been doing so for the past 2 years. I have saved up some money and have enough for a house deposit now. My sister and her husband will be moving from their house in the UK sometime in the next year and i am eyeing it up as an investment potential on a buy-to-let type arrangement.

My question is will i be able to take out a mortgage in the UK to buy this property if i am earning my money abroad? I am in NZ on a working visa and will probably be here for a year or two more before returning to the UK.

I plan to have tenants to raise the majority of the mortgage but am also earning very well over here with low overheads so could easily afford repayments whatever the situation.

Thanks for advice/tips

Let_Us_See

Give up now......too many reasons to list why this will not succeed.

sockpuppet

unfortunately virtually no ex pat lenders here anymore. We used to do loads with a couple of different lenders but they both stopped doing them suddenly a few months ago.
There are 2 lenders left that I am aware of but they are really hard work, with tough criteria and underwriting so we havent even bothered to try with them.
Seems there is nothing for ex pats in the UK at the moment