London property has long been considered a safe haven for foreign investors looking to put their money into a secure asset. As such, a large number of our client-base are from overseas and we have a wealth of experience in arranging foreign national mortgages.
A foreign national is anyone who isn’t British born – be they living overseas, or in the UK – and although foreign national mortgages do come with some added obstacles, there are plenty of lenders who recognise the value of an overseas investment in the UK and whose criteria allow for it.
What do I need to know about foreign national mortgages?
As a foreign national, your nationality, country of residence, income structure and worldwide assets will all be considered to determine the most appropriate lender for you.
If you work for a multinational company, you are off to a good start. Depending on your jurisdiction, some lenders will require you to have an internationally accredited accountant – particularly if you’re self-employed – but most important of all is demonstrating your source of wealth.
How can Enness help with foreign national mortgages?
We’ve assisted clients with this kind of finance for over a decade; naturally, some cases are more challenging than others and may require a detailed application and due diligence, but we can take a holistic view of your circumstances and guide you accordingly.
We work with a huge number of lenders who provide foreign national mortgages and are skilled in sourcing the right one for your circumstances.
We also understand that foreign exchange (FX) plays an important role in your property purchase, and can refer you to our trusted FX partners for market leading rates. Access to these rates will mean you get the most out of your investment.
Our expert advisers are ready to speak when you are – and will pay careful attention to the time zone so as not to wake you up in the middle of the night.
