Mortgages for NATO workers

by Aaron Strutt

Jan 01 2020

Trinity Financial has access to leading lenders offering mortgages to NATO workers.

Many NATO workers are living and working overseas, and they have different tax arrangements. Some are paid in a foreign income such as Euro, US Dollar or Swiss Franc, and they use the British Forces Post Office for the delivery of their mail.

Trinity has access to a selection of banks offering some of the lowest rates for British and European borrowers based overseas. The rates include some of the most impressive deals across the market with two-year fixes priced around 1.25% and five-year fixes approximately 2%. The arrangement fees start from £999, and there is a free property valuation.

Aaron Strutt, product director at Trinity Financial, says: “We regularly receive enquiries from British citizens living all over the world and they are often purchasing investment properties or homes for their family to live in while they are overseas.

“Some of the banks and building societies providing NATO mortgages require applicants to earn the equivalent of £75,000 each year and have a 25% deposit. Other banks do not have a minimum income requirement and offer generous income multiples.”

Applicants will need to have the right to remain the UK, and their job location will need to be on the lender's approved countries list.

They will also typically need to have some form of credit footprint in the UK so they can pass the lenders initial credit checks. It often makes sense to have a bank account running in the UK even if you have overseas for years, also have a credit card that is used every so often.

Call Trinity Financial on 020 7016 0790 to secure a mortgage if you work for NATO