Expat borrowers targeted by high street mortgage lenders

by Aaron Strutt

Mar 01 2013

Trinity Financial has access to a number of lenders offering mortgages to UK nationals living and working abroad.

One particularly large lender has highlighted that they are happy to offer mortgages to ex-pats even if they are paid in a foreign currency or through more complex structures.

Aaron Strutt, a broker at Trinity Financial, says: "There are over four million British ex-pats living and working abroad and we regularly receive enquiries from potential borrowers located all over the world.

"In our experience, expatriates are often paid in foreign currencies or in share options or even through deferred bonuses. We  have access to a wide range of contacts at the banks with more niche acceptance criteria."

Mortgage lenders will want to look at potential currency fluctuations and some will require the applicant's family (i.e. spouse and children) to be in the UK as occupiers of the property, but qualification criteria typically changes from bank to bank.

If you are living abroad and would like help to buy a property, call us on 020 7016 0790.

March 1, 2013