Mortgage - while still in the UK?
Oct 28th 2020, 10:44 am
#1
Forum Regular
Thread Starter
Joined: Dec 2017
Posts: 134
Mortgage - while still in the UK?
Hello all,
We landed last year, got our PR cards and came back to the UK. We'll move next spring. My partner will continue with the same job and I have to look for work when we move. If we find a good property before that, we'd like to buy. Can we get a mortgage now on our UK jobs? Do you know anyone who bought before moving? Any relevant advice is gratefully received
We landed last year, got our PR cards and came back to the UK. We'll move next spring. My partner will continue with the same job and I have to look for work when we move. If we find a good property before that, we'd like to buy. Can we get a mortgage now on our UK jobs? Do you know anyone who bought before moving? Any relevant advice is gratefully received
Oct 28th 2020, 8:24 pm
#2
Banned
Joined: Apr 2009
Location: SW Ontario
Posts: 19,879
Re: Mortgage - while still in the UK?
Hello all,
We landed last year, got our PR cards and came back to the UK. We'll move next spring. My partner will continue with the same job and I have to look for work when we move. If we find a good property before that, we'd like to buy. Can we get a mortgage now on our UK jobs? Do you know anyone who bought before moving? Any relevant advice is gratefully received
We landed last year, got our PR cards and came back to the UK. We'll move next spring. My partner will continue with the same job and I have to look for work when we move. If we find a good property before that, we'd like to buy. Can we get a mortgage now on our UK jobs? Do you know anyone who bought before moving? Any relevant advice is gratefully received
https://mortgages.ca/buying-property...-non-resident/
https://www.dreyergroup.ca/mortgages/non-resident/
https://justo.ca/blog/non-resident-mortgage-in-canada/
Oct 29th 2020, 12:00 am
#3
BE Forum Addict
Joined: Jan 2011
Location: Orton, Ontario
Posts: 2,032
Re: Mortgage - while still in the UK?
Hello all,
We landed last year, got our PR cards and came back to the UK. We'll move next spring. My partner will continue with the same job and I have to look for work when we move. If we find a good property before that, we'd like to buy. Can we get a mortgage now on our UK jobs? Do you know anyone who bought before moving? Any relevant advice is gratefully received
We landed last year, got our PR cards and came back to the UK. We'll move next spring. My partner will continue with the same job and I have to look for work when we move. If we find a good property before that, we'd like to buy. Can we get a mortgage now on our UK jobs? Do you know anyone who bought before moving? Any relevant advice is gratefully received
Nov 2nd 2020, 2:59 pm
#5
Forum Regular
Joined: Aug 2017
Posts: 41
Re: Mortgage - while still in the UK?
I would wait until you get here. Canadian property prices are verging on a collapse and rates are incredibly cheap. Also, you need to explore a bit before finding the right area for you - we moved 3 times in 2 years before finding a neighbourhood we like!
Buying property here is different to the UK and you'll get a better understanding of the market once you're over here.
Buying property here is different to the UK and you'll get a better understanding of the market once you're over here.
Nov 2nd 2020, 3:37 pm
#6
BE Forum Addict
Joined: Jan 2011
Location: Orton, Ontario
Posts: 2,032
Re: Mortgage - while still in the UK?
Yes you can have conditions (or contingencies) in your offer but you can only back out if you can't meet those conditions - you cannot back out purely because you have changed your mind, as you can in the UK. In the areas where the market is hot and you end up in a multiple bid situation its also close to impossible to get an offer with conditions accepted.
