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Self -Employed business not in Uk
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georgia0304
Posts: 5 Forumite
Hi
I am looking for some advice for a friend,
She is self-employed with property and a business abroad,
The business is affluent and the property worth a considerable amount.
She has been advised that she cannot get a mortgage because the business and property is in China.
Is this true and is there any way of overcoming this obstacle?
A deposit for a house is not a problem. Thanks for any help you can give.
I am looking for some advice for a friend,
She is self-employed with property and a business abroad,
The business is affluent and the property worth a considerable amount.
She has been advised that she cannot get a mortgage because the business and property is in China.
Is this true and is there any way of overcoming this obstacle?
A deposit for a house is not a problem. Thanks for any help you can give.
0
Comments
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If she has previously resided in the UK, or intends to return, then yes she can get a mortgage. subject to her income abroad or if it is to be let out how much rent per month it might receive.
However, complex - most brokers will not be able to assist on this.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
What UK earnings does your friend have?0
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If the property is in China, she won't get a UK mortgage, regardless of the fact that she works outside of the UK.I am a mortgage adviser.You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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