Mortgage Strategy - US expats and the struggle of UK mortgage procurement
Tight regulations and concerns over visas have made it difficult for many American citizens to secure mortgages on UK properties. Helen Burggraf writes for Mortgage Strategy magazine and looks at the banks putting the pieces together.
Trinity Financial product and communications director Aaron Strutt says American expats on visas can find themselves with a narrow window of opportunity for getting a mortgage with relative ease in the UK. They need to have been here long enough to have a track record lenders will accept, but not so long that their visa is about to run out.
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