Expat Mortgages: Returning to the UK

Getting a mortgage if you’ve just returned to the UK or are planning to return from abroad can be tricky.

This is mainly down to mortgage lenders finding it difficult to check both your address and credit history, especially if you’ve travelled around across numerous international locations.

Fortunately, there are a number of mortgage lenders who will consider such applications, some even at competitive high street rates. The type of applicant that would generally fit this criteria includes:

• Living outside the UK and not yet returned as an expat
• Only just returned to the UK in the past 12 months
• Have a cash deposit of at least 5%-10%
• Returning to the UK and going straight into full-time employment or receiving guaranteed retirement income
• Returning to the UK and going straight into self-employment (deposit requirements would likely be higher for these cases)
• Clean credit history for the past 6 years
• Maximum mortgage requirements are equivalent to 4.5x annual salary (so if earning £25k then max is £100-£125k)

If you fit the criteria above then please make an enquiry and we’ll pass you to a mortgage broker we work with who has specific experience helping people under such circumstances.

If you don’t quite fit this criteria it’s still worth getting in touch and speaking with an advisor as they may know of mortgage lenders who can help with your situation.