A Non-British resident can secure mortgages on residential and commercial properties in the UK.
Short answer, yes! A Non-British resident can secure mortgages on residential and commercial properties in the UK. However, there is an abundance to how much lenders are willing to lend but, you can finance can be secured on a property that you or your family will use as a base in the UK or on a property that you will rent out.
Although, obtaining a mortgage in the UK when you are a resident in the UK is incredibly hard, the mortgage lenders want to know everything about you these days including, your age, marital status, male or female, current income and outgoings, etc. Then there’s the paperwork needed to get a mortgage, bank statements, payslips, proof of deposit, ID (Driving Licence or Passport). It’s no wonder that Mortgage Advisors are in demand because getting a mortgage can be hard work.
Now add to the above the fact you are a non-UK resident expat living in a country thousands of miles away with no real way of meeting with a local Mortgage Advisor and the task becomes so much harder.
And that is where MortgagesRM - Doncaster Fee Free Mortgage Advisor comes in. We have been working with British expats and foreign nationals to secure mortgages on UK property for 30 years. At one stage some of us were British expats ourselves and we know just how trying it can be to get the finance in place whilst frustratingly waiting on updates from a representative at a bank in the UK.
When we set up Mortgages Remortgages we decided we would focus our efforts in helping client’s resident abroad to secure finance on UK property. The team have dedicated a lot of time into producing a service that that is second to none in securing mortgages for non-resident British nationals wishing to finance property in the UK.