As an Ex-Pat can I buy a property in the UK for my family to live in?

Posted on 12 March 2014 by Dr Mohamed

As an Ex-Pat can I buy a property in the UK for my family to live in?

I am British citizen and I am working overseas for the last few years. My wife and children are still in the UK where I rented a house for them. I would like to take a mortgage to buy a house for my family rather than keeping paying rent, as the rent I am paying could be used to pay the mortgage. Can you please help me how can I do that even I am working overseas?

Dr Mohamed,

The fact that you are based abroad will impose certain restrictions with some lenders, however, as your wife and children are based in the UK and you will be purchasing a family home for their use, others will look at the case sympathetically. The lending decision will depends on country you are based and the currency you receive your income in, as well as the amount of deposit you are happy to put down as a downpayment.

At John Charcol we deal with a lot of complex cases and ex-pat mortgages is an area where every case has to be individually underwritten.If you'd like to discuss your options in more detail, then please contact one of our consultants on 0344 346 3672 and they'll go through your enquiry in more detail, and then give you a clearer idea of how we can help.



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