A California resident wanting a mortgage for a second home in London.
Mar 1st 2010, 4:52 pm
#1
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Thread Starter
Joined: Jan 2008
Posts: 41,518
A California resident wanting a mortgage for a second home in London.
I told a friend I would look into this for her as she knows I spend a lot of time on here 
She is a British woman dual UK/US citizen who has been working here for about 10 years. Good job with a pharma company. Co-owns a property here with a mortgage.
She would like to buy a place in London jointly with her sister.
The question is whether anyone has any experience of using US income to get a UK mortgage.
Any pointers welcome.
She is a British woman dual UK/US citizen who has been working here for about 10 years. Good job with a pharma company. Co-owns a property here with a mortgage.
She would like to buy a place in London jointly with her sister.
The question is whether anyone has any experience of using US income to get a UK mortgage.
Any pointers welcome.
Mar 1st 2010, 4:53 pm
#2
Joined: Mar 2009
Location: Google Town
Posts: 7,532
Re: A California resident wanting a mortgage for a second home in London.
I told a friend I would look into this for her as she knows I spend a lot of time on here
She is a British woman dual UK/US citizen who has been working here for about 10 years. Good job with a pharma company. Co-owns a property here with a mortgage.
She would like to buy a place in London jointly with her sister.
The question is whether anyone has any experience of using US income to get a UK mortgage.
Any pointers welcome.
She is a British woman dual UK/US citizen who has been working here for about 10 years. Good job with a pharma company. Co-owns a property here with a mortgage.
She would like to buy a place in London jointly with her sister.
The question is whether anyone has any experience of using US income to get a UK mortgage.
Any pointers welcome.
What is the product called?
Mar 1st 2010, 6:09 pm
#4
Joined: Mar 2009
Location: Google Town
Posts: 7,532
Re: A California resident wanting a mortgage for a second home in London.
Just the standard 'Buy to Let' If the sister is going to be living there though they might be able to get a normal mortgage.
Mar 1st 2010, 8:31 pm
#5
Lost in BE Cyberspace
Thread Starter
Joined: Jan 2008
Posts: 41,518
Re: A California resident wanting a mortgage for a second home in London.
I think the situation is that the sister doesn't earn enough to buy it on her own.
Mar 1st 2010, 9:37 pm
#6
BE Site Lead
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Re: A California resident wanting a mortgage for a second home in London.
JerseyGirl got herself a pad in blighty, don't know about mortgages, but might find some threads with info on it?
