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Uk mortgage while working abroad.

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Old Feb 8th 2010 | 11:57 pm
  #1  
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Family man
 
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Default Uk mortgage while working abroad.

Remamber the days when all the brits piled into Spain with their P60´s and got mortgages? Does the same apply the other way round?

I was wondering if I could get a mortgage in the Uk on my spanish salary. I have a decent salary and an idefinite contract. Would Uk banks give me a mortgage on my earnings overseas? I would only be looking to borrow around 50k.
 
Old Feb 9th 2010 | 12:22 am
  #2  
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Default Re: Uk mortgage while working abroad.

Originally Posted by CBANDY
Remamber the days when all the brits piled into Spain with their P60´s and got mortgages? Does the same apply the other way round?

I was wondering if I could get a mortgage in the Uk on my spanish salary. I have a decent salary and an idefinite contract. Would Uk banks give me a mortgage on my earnings overseas? I would only be looking to borrow around 50k.
I dont think they would. Once upon a time you would be able to sign a self-certification mortgage, but they got banned after the big crash last year.

Best thing to do is to give one of the bank's mortgage helpline numbers a call and ask.
 
Old Feb 9th 2010 | 12:31 am
  #3  
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Family man
 
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From: Playa Flamenca, Orihuela Costa
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Default Re: Uk mortgage while working abroad.

Originally Posted by cricketman
I dont think they would. Once upon a time you would be able to sign a self-certification mortgage, but they got banned after the big crash last year.

Best thing to do is to give one of the bank's mortgage helpline numbers a call and ask.
What about if I had someone to guarantee the mortgage? (which I would have)
 
Old Feb 9th 2010 | 12:36 am
  #4  
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Default Re: Uk mortgage while working abroad.

Originally Posted by CBANDY
What about if I had someone to guarantee the mortgage? (which I would have)
ah, then I cant see any reason why not. Worth checking though as all the rules have changed in the past 12 months
 

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