expat mortgage advice FTB, NI/UK

AL_89

Hi all,

Hoping someone can advice. I am currently working and living in Qatar but I am trying to look into buying a property in Northern Ireland. This would be a residential property for family still in the country.

From what I can find out, there are very few places offering mortgages for expats (am I counted as an expat if I've only been out of the country for 8months and only 2 months of the current tax year??), and even less for Northern Ireland.

So far I haven't managed to find a broker who deals with expat mortgages and the banks I've contacted directly have been somewhat evasive on full information - it can seem like it's all dependant on who you get talking to.

From the one or two I have spoke to a salary of £75000 is expected. One problem is my pre tax salary falls slightly short of this but as I don't pay tax in Qatar, my net pay is significantly higher than the UK £75,000 take home pay equivalent. Surely this should be taken into consideration?

Also, places offering mortgages for expats seem to only deal with BTL. As this is for my family, its technically not BTL?

There just seems to be so many hurdles and nothing seems very straightforward. I just feel very frustrated as I know, financially I can afford and support this - with any luck I could have the mortgage paid off in 5 years, its just getting a mortgage in the first place! :mad:

Anyone who has any insight or experience or advice, I'd be very grateful of a chance to pick your brain!!

Thanks!

Mortgage_Adviser

The main issue there is not that you are an ex pat as there is a number of lenders available to expats. The issue is it is in Nothern Ireland which is a no for all expat lenders that I know of.