Getting a mortgage back in the UK
#1
Just Joined
Thread Starter
Joined: Sep 2003
Location: Sydney
Posts: 4
Getting a mortgage back in the UK
Hi
I've searched the site and can't seem to find anything so hopefully someone out there may be able to help?
My wife and I (both originally from UK) moved to Sydney 13 years ago. We closed down our bank accounts there and as we are no longer residents of the UK cannot open one up.
We would like to take advantage of the exchange rate and purchase an investment property over there but it seems to be much harder than I thought.
Has anyone had a similar experience and have you had any success???
Thanks
I've searched the site and can't seem to find anything so hopefully someone out there may be able to help?
My wife and I (both originally from UK) moved to Sydney 13 years ago. We closed down our bank accounts there and as we are no longer residents of the UK cannot open one up.
We would like to take advantage of the exchange rate and purchase an investment property over there but it seems to be much harder than I thought.
Has anyone had a similar experience and have you had any success???
Thanks
#2
BE Enthusiast
Joined: Jun 2003
Location: Melbourne, Victoria
Posts: 524
Re: Getting a mortgage back in the UK
I got mortgage approval in 2009 for Halifax, for a 75% loan. Wan't too hard at all but I used a broker to arrange. These were the guys who arranged: http://www.contractormortgagesuk.com/, are focussed on IT contractors but may do others.
#3
Re: Getting a mortgage back in the UK
Hi
I've searched the site and can't seem to find anything so hopefully someone out there may be able to help?
My wife and I (both originally from UK) moved to Sydney 13 years ago. We closed down our bank accounts there and as we are no longer residents of the UK cannot open one up.
We would like to take advantage of the exchange rate and purchase an investment property over there but it seems to be much harder than I thought.
Has anyone had a similar experience and have you had any success???
Thanks
I've searched the site and can't seem to find anything so hopefully someone out there may be able to help?
My wife and I (both originally from UK) moved to Sydney 13 years ago. We closed down our bank accounts there and as we are no longer residents of the UK cannot open one up.
We would like to take advantage of the exchange rate and purchase an investment property over there but it seems to be much harder than I thought.
Has anyone had a similar experience and have you had any success???
Thanks
In terms of getting a mortgage, there are specialist expat mortgage brokers that you could use. Also at one point Barclays did expat mortgages, don't know if they still do but worth a look.
#4
BE Enthusiast
Joined: Jan 2010
Posts: 440
Re: Getting a mortgage back in the UK
These are the contact details of the broker who got us an expat mortgage with the Halifax, three years ago. Service was very good, if somewhat expensive.
Grant Banks
International Consultant
ADS Mortgage & Financial Planning Ltd
Oliver's Courtyard
80 Bank Street
Maidstone
Kent
ME14 1SD
Tel: +44 1622 693 339
Direct +44 1227 706 004
Fax: +44 1227 794 855
Mob: +44 7785 295 370
Email: [email protected]
Grant Banks
International Consultant
ADS Mortgage & Financial Planning Ltd
Oliver's Courtyard
80 Bank Street
Maidstone
Kent
ME14 1SD
Tel: +44 1622 693 339
Direct +44 1227 706 004
Fax: +44 1227 794 855
Mob: +44 7785 295 370
Email: [email protected]
#5
Just Joined
Thread Starter
Joined: Sep 2003
Location: Sydney
Posts: 4
Re: Getting a mortgage back in the UK
Thanks very much for all your comments - will follow these guys up.