Expat Mortgages UK [UK Banking]

Weโ€™re about to explore expat mortgages UK style, including a few surprising jurisdictions that offer offshore mortgages to purchase a UK property.

But we also cover a wide range of other European banking topics as well, ranging from UK bank accounts for non-residents to opening a bank account in Spain as a foreigner.

So, donโ€™t hesitate to explore our other free resources if youโ€™re in need of account opening support.

Feel free to use the table of contents to jump ahead to the sections most relevant to you.

Table of Contents

  1. Expat Mortgages UK
  2. How to Buy a Property in the UK as an Expat?
  3. Frequently Asked Questions
  4. Do You Want Help Opening Bank Accounts?

Expat Mortgages UK

Expat mortgages in the UK are available to both UK citizens and foreigners. In fact, most people can find a suitable mortgage in the UK to purchase a property, as long as they have a suitable source of income and can meet downpayment requirements.

That said, not all banks offer expat mortgages in the UK. But surprisingly, the UK isnโ€™t the only place where UK mortgages can be obtained. In fact, there are several jurisdictions where mortgages are issued to purchase UK properties.

Importantly, mortgages in these other jurisdictions include both buy-to-let mortgages (e.g. rental properties) and secondary home mortgages (e.g. a family home in the UK). So, regardless of the circumstances, there are usually suitable mortgages available.

The other jurisdictions that weโ€™re talking about include Guernsey, the Isle of Man, and Guernsey. That said, there are private banking options that will also consider private financing arrangements through Lombard loans for their clients to purchase assets like real estate in the UK.

Alternatively, if you’re looking to obtain credit cards in the United Kingdom, specifically virtual credit cards in the UK, you can click this link to access our guide on how to apply for UK credit cards.

Do You Want Our Free Non-Resident Banking Guide?

Sign up here to receive our Free Non-Resident Banking Starter Guide and weekly updates on the best account opening options available:

How to Buy a Property in the UK as an Expat?

If you are interested in buying a property in the UK as an expat, the first step is identifying the specific banks that support financing for non-residents. As mentioned above, not all banks support this. And in certain cases, applicants may be better served by going with banks outside of the UK.

With this in mind, we wanted to discuss the key players in expat financing and see how they can impact your options.

Expat Mortgage Broker

There are a number of UK mortgage lenders that cater (or offer financing) to expats. That said, the products that they offer are often at a higher cost than individuals can obtain on their own from a suitable lender.

Expat Mortgage Lender

As mentioned, there are lenders (UK banks) that offer financing to non-resident individuals. Again, this includes mortgages for both British and foreign citizens. By opening accounts and establishing strong relationships with these banks, clients can often access preferential rates that can accommodate a wide range of properties in the UK.

Frequently Asked Questions

Below is one of the most common questions that we receive from people looking to acquire expat mortgages UK. If you have further questions you would like answered, donโ€™t hesitate to get in touch with us directly.

Can I Get a UK Mortgage as an Expat?

Yes, you can get a UK mortgage as an expat. However, not all banks offer mortgages to expats in the UK. So, itโ€™s important to identify the banks that issue mortgages, understand their application requirements, and review the specific countries that they support. This approach will help increase your chances of finding the right bank for your situation and getting approved.

Do You Want Help Opening Bank Accounts?

If so, you can access GlobalBanks Insider and start the process of applying for an offshore account in a few clicks.

GlobalBanks Insider is a dedicated account opening solution that involves direct support from our team and direct introductions to the banks of your choosing. It gives you instant access to the…

+ Direct support from a team of banking experts

+ Direct introductions to your desired banks

+ Answers to your most pressing questions and challenges

+ Expert insights on which banks to choose & why

+ Plus FULL access to our entire suite of account opening tools and intelligence!

And “yes!” GlobalBanks Insider is designed to help foreign and non-resident individuals and companies open bank accounts.

You can learn more on the products page from the main menu above.

Share This Article on Your Favorite Platform
GlobalBanks Team
GlobalBanks Team

The GlobalBanks editorial team comprises a group of subject-matter experts from across the banking world, including former bankers, analysts, investors, and entrepreneurs. All have in-depth knowledge and experience in various aspects of international banking. In particular, they have expertise in banking for foreigners, non-residents, and both foreign and offshore companies.

Sorry, but you cannot copy the content on this page.