Expat Mortgages UK

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Why Choose Us

0 %
5-star reviews on Google
0
years we have been as independent mortgage and protection brokers
0 %
customer satisfaction for finding the best deals on the UK market
£ 0
total donated to various charities

Why Choose Us

0 %
5-star reviews on Google
£ 0
total donated to various charities
0
years we have been as independent mortgage and protection brokers
0 %
customer satisfaction for finding the best deals on the UK market

Navigating the property market as a UK national living abroad can be challenging, but at Ascot Mortgages, we simplify the process. Whether you are looking to invest in a buy-to-let property, borrow funds to purchase a home, or remortgage, our bespoke Expat Mortgages services are tailored to meet your unique needs, ensuring a seamless and hassle-free experience.

What Our Clients Say About Us

5.0 Based on 122 reviews from review us onLucy B. ★★★★★ Having Phil as my mortgage advisor was great from the very start! He is down to earth and speaking to him was always a pleasure. The kindness, compassion and support I have been given all the way through what can be a stressful process was immeasurable. Phil and Jardelle worked as a solid team and was able to make me feel at ease all the way through buying my first home. The team were always available and the communication between everyone was always clear and I felt safe in the hands of the company as a whole. Thank you for helping me buy my first home!Flora R. ★★★★★ I worked with Richard (Protection Adviser) for a couple of days to sort out life and critical illness insurance. Absolutely brilliant, he found me and my husband the perfect policy. Very knowledgeable and easy to get on, he definetely makes things easy to understand. Thank you for the great service provided.Matthew R. ★★★★★ I've dealt with Phil at Ascot Mortgages for a while now and Phil always comes back back to me with the right plan.Keep the good work up!rafal W. ★★★★★ I would thoroughly recommend Phil Greenwood at Ascot Mortgages ltd to anyone looking to seek advice on purchasing a home.Phil was absolutely fantastic. He made the process very smooth and easy and was always there to answer any questions I had.Shahid L. ★★★★★ This company has been truly amazing in constantly giving me the support and help i need for my mortgage and for their continuous work ethic guiding customers like myself and educating them into making the best possible decisions. My special mention goes to Phil Greenwood who deserves every single credit for his brilliant work and communication skills. The more I got to work with Phil, the more he gained my respect as he is a hugely likeable man and possibly the best mortgage advisor yet. Even after I finished my time with Ascot Mortgages, I will never lose my trust in the company and I hope they exceed their business and gain even more success and popularity.Best wishes,Shahid Latif and familyPretty L. ★★★★★ Phil helped me renew my mortgage. He was great at keeping me updated with any rate changes and secured a lower rate than at the time my mortgage went through. Thank you Ascot for your supportNikki E. ★★★★★ Huge thanks to Richard Johnson for sorting out all of my insurance policies! I had accumulated a variety of life cover and various other policies over the years that all needed a good review and refresh. Richard was extremely patient and helped me to remove the duplication and choose the best cover to suit our current needs. I have used Ascot Mortgages for over 12 years and have met several members of the team, always finding the right help and support to work through what can be a complicated and stressful time. Thanks again, Richard!Aamir R. ★★★★★ As first time buyers we had very little understanding of how to go about applying for a mortgage. Phil was so helpful in cutting through all of the formalities and helping us to decide which mortgage would be best for us also ensured we collated all the details needed and kept us up to date on progress. The process of finding the right house was very stressful but the process of choosing and applying for the mortgage and life cover has been so straight forward that, at times, we were worried it was all a bit too smooth! Thank you for guiding us through this so professionally and with real understanding and personality.Andrew T. ★★★★★ Working with Richard at Ascot has been a great experience. He listened to us and was very professional throughout. This was our first experience with Richard but we've been using Ascot now for 6-7 years. Thank you all at AscotAngie B. ★★★★★ Always give a great service and find you a mortgage in a timely fashion.Alison is awesomeAndrew M. ★★★★★ We have used Ascot Mortgages for over 5 years now and have had excellent service throughout, primarily with Alison and Kevin. Our latest dealings have been with Richard Johnson who although new to us (and to Ascot I believe) has once again provided the 5 star level of service we have come to expect. His product knowledge is excellent offering a range of options supported with consistent communication and updates, always available on the phone or on email every step of the way.Ali H ★★★★★ Excellent service, a big thanks to Natalia Barry for her excellent support with my buy to let mortgage application, Natalia was professional, transparent, and kept me informed during all the process, and thanks to Jason jones for his assistance and support.david R. ★★★★★ I have dealt with Ascot for many years now and will always go back, recently had all my insurances re done by Richard Johnston at the firm, excellent service, communication and swift actions by Richard. Great deals on all three insurances and would recommend anybody to go to Richard for help. Thanks Richard 👍Eve Alexandra C. ★★★★★ We used Ascot Mortgages to purchase a home as first time buyers, Ellie assisted us with this and went above and beyond to ensure everything went smoothly, all questions were answered, and any queries were solved.As first time buyers, myself and my partner were quite nervous and clueless as to what to expect when getting a mortgage and what not, and Ellie made this so simple and explained everything in a way that we thoroughly understood what was happening with our house buying journey, without it being pure jargon.I can't thank Ellie enough, she truly has been a star during the whole experience and is an asset to Ascot Mortgages.She is someone who I would definitely recommend to friends and family if the opportunity arises, and has made this whole experience a very stress free and exciting one!Thank you for everything Ellie!Emma W. ★★★★★ Alison helped me to get the right mortgage for my current situation and was very supportivehelen L. ★★★★★ Phil Greenwood dealt with my recent remortgage, he made sure I had the best product to fit our HMO criteria. Then chased solicitors for me and made sure I completed around the date I wanted to avoid my ridiculous rate I was about to be switched to. Thanks Phil, great job! Ready for my next mortgage now so I will be coming back 🙂Mark C ★★★★★ Excellent service from an excellent representative. Very professional and helpful company. Thank you for all your helpDamian L. ★★★★★ I recently purchased a buy-to-let from Auction and Ascot Mortgages, in tandem with Ascot Bridging Finance, supported me through the whole process. Once the property purchase via a bridging loan was complete, Ascot Mortgages worked out the best options for me, despite the Banks rising interest rates and spiralling UK inflation and managed to secure me a competitive mortgage rate for that property. I wouldn't hesitate in going back to Ascot Mortgages in the future and look forward to working with them again in the near future. Thank you for everything you've doneJuliet B. ★★★★★ Thank you to Alison for helping us and sorting out our mortgage. Swift, reliable and very helpful. Very much appreciated. God bless you abundantly 👍👌🤝gareth P. ★★★★★ Been with Alison and team for more than 25 years. Needless to say, very happy...Jo T. ★★★★★ We have been using Ascot Mortgages for the last few years and they have done 11 buy to let products for us.We have found Alison, Phil, Jason, Jardelle and the team to be excellent at finding the best product for us and to work at pace when we are buying from auction and have a deadline to meet.Communication is very good and nothing is too much troubleBen H. ★★★★★ I can't recommend Ascot Mortgages highly enough.We have used them for all of our Mortgages . They are professional and friendly and have walked us through all our options, they always have the time to talk to you and go the extra mile to get you the best deal. It wont be long till I'm calling on their services again, I wouldn't go anywhere else.If you want a mortgage, there's only one place to go!Dog J. ★★★★★ Ascot went the extra mile to help me acquire a mortgage. With the help of Jason and Ellie I was able to get a competitive rate after 3 other firms had told me they couldn't help me. Great levels of communication throughout, I would highly recommend!Ursula B. ★★★★★ Alison was very friendly and professional in securing the right bridging for us and at a very competative price. This ensured that we were able to place an immediate offer and not miss out on our forever home. Later her help and support in finally getting our completion over the line was nothing short of a miracle. I would strongly recommend both Alison and the team at Ascot Mortgages.primrose C. ★★★★★ ALISON IS BY FAR THE BEST IN THE GAME. ALL WE CAN SAY IS THANK YOU SO MUCH. They are passionate on customer service, even in my frustrated time Alison, Jadelle, Ellie I could name them all. May the good LORD BLESS YOU.js_loader

Written by:

Alison Gibson

Ascot Mortgage Expert

Last Updated:

07.10.2023

Written by:

Alison Gibson

Ascot Mortgage Expert

Last Updated:

07.10.2023

What Is an Expat Mortgage?

An Expat Mortgage is a specialised type of mortgage offered to UK nationals living overseas, looking to buy or remortgage property in the UK. This mortgage allows expatriates to invest in the UK property market, whether for rental income through buy-to-let or as a residence when they return.

  1. Eligibility: Typically, lenders assess income, credit history, and property type to determine eligibility. Some may require a UK bank account and a minimum income level.
  2. Interest Rates and Repayment: These mortgages may come with varying interest rates and repayment terms, tailored to the unique circumstances of the expatriate/
  3. Application Process: The process may involve additional paperwork and verification due to the applicant residing abroad, but with a knowledgeable broker like Ascot Mortgages, this is streamlined.

Mortgage Repayment Calculator

Types of Expat Mortgages UK

Expatriates have access to various mortgage types, depending on their property investment goals and financial circumstances. Ascot Mortgages offers guidance in selecting the most suitable option among the following:

  1. UK Expat Mortgage for Purchase: Ideal for expats looking to borrow to buy a property in the UK, whether as a future residence or a family home.
  2. Expat Buy to Let Mortgages: Tailored for expats seeking to borrow funds to invest in UK rental properties, offering a potential source of income and capital growth.
  3. Remortgage Options: For expats looking to secure better mortgage terms on their existing UK property or release equity.
  4. Overseas Property Mortgage: Assisting expats in buying property in their country of residence, while still adhering to UK mortgage regulations.

Navigating Expat Mortgage Eligibility and Applications

Ascot Mortgages stands as a beacon of guidance through the intricacies of Expat Mortgages UK eligibility and application processes. Our expertise ensures that you are well-informed and prepared for the unique requirements and verifications necessitated by residing abroad.

– Documentation: Verification of income, employment, and residency are paramount, with additional documentation possibly required due to overseas living, crucial for those looking to borrow.

– Currency Fluctuations: Understanding the impact of currency fluctuations on mortgage repayments is vital, ensuring financial stability.

– Regulatory Compliance: Adherence to both UK mortgage regulations and any applicable overseas regulations is essential to a smooth transaction.

– Tailored Solutions: Every expat’s situation is unique, necessitating customised mortgage solutions aligned with individual goals and financial circumstances.

Alison Gibson

Ascot Mortgage Expert

Remortgage

Remortgaging is applied when you keep

living in your present property while applying for another mortgage deal with a new lender. Before finding out how to remortgage and get the best offers from experts like Ascot Mortgages, you have to check meeting what parameters of the deal that can help you succeed the most. The range of background factors varies a lot — from the recently changed loan-to-value ratio or your existing agreement coming to an end.

Whether you are trying to get a more beneficial deal or searching for funding to improve your home conditions, remortgaging is one of the most advantageous scenarios to consider.

Ascot Mortgages: Your Trusted Expat Mortgage Broker

Ascot Mortgages takes pride in being a trusted expat mortgage broker, guiding you through every step of securing your ideal UK expat mortgage. Our comprehensive services encompass:

  1. Expert Advice: Providing knowledgeable advice tailored to your unique needs and financial situation.
  2. Best Deals: Leveraging our extensive network to secure the best expat mortgage deals available in the market.
  3. Smooth Application Process: Ensuring a seamless and efficient application process, managing paperwork and liaising with lenders on your behalf.
  4. Regulatory Compliance: Navigating UK and any relevant overseas mortgage regulations to ensure a compliant and hassle-free transaction.

Conclusion

Embarking on the journey to secure an Expat Mortgage can be a venture into uncharted territory, but with Ascot Mortgages, you are in safe hands. Our experienced team is dedicated to simplifying the process, offering expert advice, and securing the best deals in Expat Mortgages UK. Whether you are an expatriate looking to invest in a buy-to-let property, borrow to purchase your dream home, or explore remortgage options, Ascot Mortgages is your trusted partner in turning your property aspirations into reality.

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FAQ

A UK expat mortgage is primarily designed for British nationals who are living abroad but wish to purchase or refinance property in the UK. To be eligible, applicants typically need to demonstrate a clear credit history, provide proof of overseas employment, and have a stable income. Lending criteria may vary between lenders, so it’s always best to consult with a mortgage advisor for your specific situation.

Yes, many lenders offer expat mortgages to non-UK citizens who are residing abroad, but they may have stricter criteria. It’s essential for applicants to have a strong connection to the UK, such as a history of residency, work, or property ownership. As with all mortgage applications, a good credit history and a stable income are key considerations.

Generally, expat mortgages can be used to purchase most types of residential properties in the UK. However, certain lenders may have restrictions or exclusions, such as properties with non-standard construction, holiday homes, or properties for business use. It’s always recommended to discuss your property preferences with a mortgage advisor to ensure it falls within the accepted criteria of your chosen lender.

Yes, many lenders will consider foreign income when assessing your eligibility for an expat mortgage. It’s essential to provide proof of this income, such as payslips or tax returns, and be aware that lenders might apply exchange rate adjustments. Depending on the currency of your income and fluctuations in exchange rates, this can affect the amount you can borrow. Speaking to a mortgage advisor will help clarify how your foreign income will be assessed.

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