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Expat Mortgages

cliffordfan
cliffordfan Posts: 1 Newbie
edited 23 March 2017 at 7:33AM in Mortgages & endowments
Hi all
I'm a UK expat currently working in Malaysia. I'd like to buy a property back home in England to let out but I'm having trouble finding a lender willing to give me a mortgage. The only possibilities I've found so far are HSBC (who require you to have a very large amount in an account with them before they give a mortgage) or Skipton International (who require a salary above the amount I earn). Does anyone know of any other lenders offering expat mortgages or broker who would be able to help me find some options? I'd really appreciate any advice. Thanks.

Comments

  • hcjenkins
    hcjenkins Posts: 1 Newbie
    Hi,

    I'm currently trying to do the same thing. Did you have any luck?

    Hannah
  • ACG
    ACG Posts: 24,854 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Find a broker who specialises in expat Mortgages. It will save you a lot of time (I say that as someone who does not do expat mortgages).
    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.
  • TakeItAsRed
    TakeItAsRed Posts: 69 Forumite
    Don't think I am allowed to recommend someone on here, but i have sent you a DM of the broker i used.
  • amnblog
    amnblog Posts: 12,781 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It's a tricky market.

    It helps if:

    You have paid tax in the UK in the last 5 years.

    You have a couple of other items of UK credit running in addition to your current mortgage.

    Also, as stated above, you need a Broker familiar with these types of cases.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • Hotdog84
    Hotdog84 Posts: 5 Forumite
    Hey how did you guys get on any luck with getting a mortgage for Expats?
This discussion has been closed.
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