Expat Mortgages
Jul 6th 2016, 9:59 am
#16
Was in Canada, now home.
Joined: Aug 2011
Location: Devon
Posts: 3,388
Re: Expat Mortgages
Maybe the answer is that the btl mortgage improves your credit rating?
Just speculating.
Just speculating.
Jul 20th 2016, 6:42 pm
#17
Forum Regular
Thread Starter
Joined: Aug 2007
Posts: 86
Re: Expat Mortgages
I thought I would update.
I went to visit an estate agent whist in England last week.
While it is true most lenders require 3 years worth of addresses to get a mortgage, a few don't, including Halifax.
As the husband will already have a job in England (Inter-company transfer to the UK office) that works for us.
We need a 10% to 20% deposit. Everything can be done via notarized documents.
I feel a lot more confident now.
I went to visit an estate agent whist in England last week.
While it is true most lenders require 3 years worth of addresses to get a mortgage, a few don't, including Halifax.
As the husband will already have a job in England (Inter-company transfer to the UK office) that works for us.
We need a 10% to 20% deposit. Everything can be done via notarized documents.
I feel a lot more confident now.
Jul 27th 2016, 2:04 pm
#18
Lost in BE Cyberspace
Joined: Jul 2008
Location: Portlandia Metro
Posts: 7,425
Re: Expat Mortgages
Do you mind telling me which company you did a mortgage though. I rang HSBC mortgage today and she insisted I had to be living in the country to start the mortgage process and this is across the board, it's not just a HSBC policy, which seems a little odd to me as so many people buy houses in the UK whilst still aboard.
Jul 30th 2016, 7:55 am
#19
Just Joined
Joined: Feb 2016
Posts: 3
Re: Expat Mortgages
I got a BTL mortgage with HSBC last year in August after being back in the UK for only 6 months. The deposit was 25%. I was told that it was the same criteria for a residential mortgage, although admittedly the entire process with HSBC was a disaster.
Jul 30th 2016, 10:32 am
#20
Concierge
Joined: Jan 2013
Location: Western Australia
Posts: 21,138
Re: Expat Mortgages
I'm sure all buy to let landlords are aware of upcoming changes in the treatment of income from buy-to-let properties - but just in case
Squeeze on buy to let | Taxation
One letting agent's plain English analysis of the effect of the changes, which have the potential to negatively impact every individual who has a mortgage on one or more buy to let properties
Budget 2015 Buy to Let Mortgage Interest… | Comfort Letting Agents LLP
Squeeze on buy to let | Taxation
One letting agent's plain English analysis of the effect of the changes, which have the potential to negatively impact every individual who has a mortgage on one or more buy to let properties
Budget 2015 Buy to Let Mortgage Interest… | Comfort Letting Agents LLP
