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    • beckysheffield
    • By beckysheffield 9th Jul 17, 9:41 PM
    • 36Posts
    • 7Thanks
    beckysheffield
    Mortgage after living abroad
    • #1
    • 9th Jul 17, 9:41 PM
    Mortgage after living abroad 9th Jul 17 at 9:41 PM
    I have been living abroad for a number of years and Want to apply for a mortgage.

    I have enough money for a deposit, just no job. Will this be an issue?

    Also will they request my overseas bank statements?

    I can provide tax returns I'm just not willing to give bank statements as they are quite messy.
Page 1
    • Thrugelmir
    • By Thrugelmir 9th Jul 17, 9:53 PM
    • 58,517 Posts
    • 51,884 Thanks
    Thrugelmir
    • #2
    • 9th Jul 17, 9:53 PM
    • #2
    • 9th Jul 17, 9:53 PM
    I have enough money for a deposit, just no job. Will this be an issue?
    Originally posted by beckysheffield
    Unfortunately it will. Times have changed since you left. You need to reestablish yourself first. Before thinking about applying for a mortgage.
    Financial disasters happen when the last person who can remember what went wrong last time has left the building.
    • amnblog
    • By amnblog 9th Jul 17, 10:16 PM
    • 10,469 Posts
    • 4,136 Thanks
    amnblog
    • #3
    • 9th Jul 17, 10:16 PM
    • #3
    • 9th Jul 17, 10:16 PM
    No provable income - no mortgage.
    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.
    • macman
    • By macman 9th Jul 17, 10:51 PM
    • 41,894 Posts
    • 17,379 Thanks
    macman
    • #4
    • 9th Jul 17, 10:51 PM
    • #4
    • 9th Jul 17, 10:51 PM
    How exactly were you planning to service the mortgage without a job, unless you have a private income?
    No lender is interested in what you used to earn, here or abroad. What they want to know is how you plan on making the repayments for the next 25 years or so.
    No free lunch, and no free laptop
    • beckysheffield
    • By beckysheffield 10th Jul 17, 11:01 PM
    • 36 Posts
    • 7 Thanks
    beckysheffield
    • #5
    • 10th Jul 17, 11:01 PM
    • #5
    • 10th Jul 17, 11:01 PM
    I want to rent the house out and live somewhere else.... or I have savings... or I will eventually get a job.
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