Can I get a UK mortgage while working abroad?
Answered on 9 April 2017 by Nick Morrey
Currently working in the Middle East. My base is in London. Can I get a UK mortgage while working abroad? I have a deposit of £40k.
Mortgage and Working Abroad
Many of the major lenders are less likely to support non-standard mortgage lending, which includes mortgages for expats. Many are also unable to work at the speed or at a convenient time to match your international lifestyle.
As this is the type of mortgage you will be looking for the short answer is that 'yes' you can. The loan-to-values are not as high as they would be if you were residing and working in the UK, and the process is a little more laborious, but it can be done.
For more information on expat mortgages, take a look at our guide.
If you'd like to see what your options are, then call us on 0330 433 2927 and we'll arrange a convenient time for you to speak to one of our consultants.
Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.
We recommend you seek professional advice with regard to any of these topics where appropriate.