Helping Ex-pats and foreign Nationals invest in the UK
Getting a mortgage as an expat and overseas investor can be much more difficult than applying for a standard mortgage and a large number of high street banks simply either do not offer expat mortgages or else they have very strict lending criteria that must be met.
Expat and foreign national mortgages are the same as standard mortgage products, however, some lenders may charge a higher interest rate and fee due to them being perceived as higher risk. Traditional lenders usually deem receiving salary payments in foreign currency or a lack of UK credit history to be too high a risk to take on. Only a select number of specialist lenders offer these type of mortgages as the process of verifying your income can be more complicated, particularly if you do not hold a UK bank account.
Collabot Finance can help you identify a lender appropriate for your circumstances. Contact us today.