Remortgaging UK house while working in Dubai
Apologies in advance if this has already been raised but I am looking to find out if I can still get a mortgage on my house back in the UK which is due to renew this autumn. I am travelling back to the UK this June to arrange the remortgage. Any tips and advice would be greatly beneficial. Thanks. :)
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Re: Remortgaging UK house while working in Dubai
Originally Posted by meonline
(Post 7401002)
Apologies in advance if this has already been raised but I am looking to find out if I can still get a mortgage on my house back in the UK which is due to renew this autumn. I am travelling back to the UK this June to arrange the remortgage. Any tips and advice would be greatly beneficial. Thanks. :)
That's usually the tricky bit, as you are overseas. |
Re: Remortgaging UK house while working in Dubai
Don't tell em you live overseas, simple really.......
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Re: Remortgaging UK house while working in Dubai
Originally Posted by Kenny and Moe
(Post 7402032)
Don't tell em you live overseas, simple really.......
A letter or payslip from "XYZ Corporation, Dubai" might be a bit of a giveaway.......... |
Re: Remortgaging UK house while working in Dubai
Originally Posted by The Dean
(Post 7402047)
They'll ask for proof of income.........
A letter or payslip from "XYZ Corporation, Dubai" might be a bit of a giveaway.......... |
Re: Remortgaging UK house while working in Dubai
Originally Posted by meonline
(Post 7401002)
Apologies in advance if this has already been raised but I am looking to find out if I can still get a mortgage on my house back in the UK which is due to renew this autumn. I am travelling back to the UK this June to arrange the remortgage. Any tips and advice would be greatly beneficial. Thanks. :)
That aside you can probably get better rates if you shop around the offshore mortgage market depending on your property. PM me if you need any further info - I know a couple of good mortgage brokers who are UAE based...would be happy to pass you over to them. N. |
Re: Remortgaging UK house while working in Dubai
will this be the same as if someone went for a remotgae, but buy to let option?
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Re: Remortgaging UK house while working in Dubai
Originally Posted by Thunderbirds Are Go
(Post 7404904)
will this be the same as if someone went for a remotgae, but buy to let option?
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Re: Remortgaging UK house while working in Dubai
Originally Posted by The Dean
(Post 7405168)
Can you still get buy-to-let mortgages?
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Re: Remortgaging UK house while working in Dubai
Originally Posted by Norm_uk
(Post 7404798)
There are options for re-mortgaging from Dubai using an offshore or overseas bank...you'll be hard pressed to cover up the fact that you live and work in Dubai from UK banks and to be honest even if you did it's dishonest and might get you in trouble.
That aside you can probably get better rates if you shop around the offshore mortgage market depending on your property. PM me if you need any further info - I know a couple of good mortgage brokers who are UAE based...would be happy to pass you over to them. N. |
Re: Remortgaging UK house while working in Dubai
Originally Posted by commander
(Post 7406786)
can i just comment on Normans credentials here. I asked the question a year ago and Norm put me in touch with a company. I got an offshore mortgage for a property in the UK and have had no problems whatsoever. Really good advice and a good deal from the bank.
Can't even get people to talk now. All dried up. Norm, I'd be interested in any recommendations you might have. |
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