Ex Pat Based in Moscow

Posted on 15 April 2010 by gordon moore


I would like to purchase a property in the UK for £200k paying a deposit of circa £80k and the rest on mortgage. I work in Moscow at British International school as a Maths teacher.  I intend to return to UK to live and work in the near future.  I'm paid in Euros into the Bank of Cyprus in Euros which are then paid into Barclays bank in GBP.  Where can I get a mortgage?

Gordon

I am pleased to say that you should not have too much difficulty finding a mortgage, because your profile fits several of the Offshore lending arms of the major UK banks.

Lloyds will not be able to help you because they are looking for you to be working for a multi national company, but the likes of NatWest, RBS and Barclays have indicated a willingness to consider an application subject to individual underwriting.

I recommend that you speak to an independent mortgage adviser with experience of the International Mortgage Market.

Peter

Jimmy has responded:

Try Bank of Cyprus UK. They should have no problem as you are a customer of Bank of Cyprus in Moscow

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.

You are currently offline. Some pages or content may fail to load.