Just returned to the UK. How long before I can get a mortgage?
Posted on 17 February 2013 by Richard
I have recently returned to the UK after living abroad for 12 years. How much UK history do lenders require when applying for a mortgage. Should I wait until I complete my first tax return?
If you're looking at those lenders who credit score applications, then typically you're looking at around 2 years back in the UK. However if you maintained a UK address and / or UK bank account that will help, as a couple of those type of lenders will consider cases in that situation.
Then we have those lenders who lenders who manually underwrite cases and can therefore judge each application on its individual merits. They credit check rather than credit score, and will typically take into account things like the loan to value, employment situation and how much you want to borrow, and any current credit commitments when making their decison to lend.
If you'd like to have an initial chat to one of our consultants, to talk through your enquiry in a bit more detail to give you a better idea on what you can / can't do, then please let me know and I'll arrange a convenient time for one of them to contact you.
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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.
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