Expat mortgages were created to assist expatriates looking to purchase residential properties in the UK. These include mortgages for homes where you or your family will live or alternatively for those looking to invest in a buy-to-let property. Expat mortgages can be particularly difficult to obtain, and mortgage options from mainstream lenders for British expatriates are limited due to their strict criteria within the current economic climate. Approval for these types of mortgages can depend on borrower eligibility criteria, country of residence, individual circumstances, and loan requirements.
​
Expat mortgages fall into two categories:
​
-
People who are about to move abroad and wish to retain their property here – usually to rent out.
-
People who are currently living abroad and are planning to return home at some point in the future.
​
Here at CBM Financial Partners, we have relationships with a wealth of international lenders and private banks that have access to loans for expats in excess of £1 million. For British nationals overseas, we can either structure the loan in the UK or in many other jurisdictions if your tax adviser recommends. We can create a loan structure which prevents you from needing to bring non-internationally earned income into the UK, saving you from paying unnecessary charges. We can also cross-charge assets (either property or liquid) to achieve the best possible lending terms. This can take into account structures such as:
​
-
Family trusts
-
Offshore investments
-
International wealth
-
Multi-currency income profiles
​
We can work at a speed suited to your international lifestyle and are experts in dealing with customers across several time zones. Here at CBM Financial Partners, our mortgage advisors work to ensure our clients successfully navigate the complex world of Expat mortgages.