Finding a UK Mortgage Broker as an Expat

A mortgage broker is essential if you're applying for a mortgage as an expat. Revolution Finance Brokers works with a large network of respected lenders as a whole-of-market broker and can signpost your application to ensure you get the funding you require.

Property or loan details

Error: Property must be valued at £50,000 or more.

Error: Estimated rental income must be between £1 and £99,999.

Based on your details, you can borrow up to:

£0

This calculator is an estimation of how much you could borrow. If you’re ready to take out a mortgage, speak to a Revolution brokers to see what options are available.

Finding a UK Mortgage Broker as an Expat

Applying for a mortgage as an expat is always more complicated than as a UK resident, but a professional broker can make the process much easier!

Here'll we'll explain what to look for from your expat broker, what services they can offer, and what to look out for.

For independent advice about the best expat mortgages for your circumstances, contact Revolution Brokers on 0330 304 3040 or drop us a message at info@revolutionbrokers.co.uk.

How Can a UK Expat Mortgage Broker Help with my Application?

Revolution Brokers work with expats who are looking for mortgages and remortgages for properties both in the UK and overseas.

There are complexities to expat mortgages, with fewer lenders offering suitable products, and more rigid eligibility criteria.

The crucial factor is to work with a broker who can:

  • Recommend lenders most likely to approve your application.
  • Advice on ways to meet eligibility requirements.
  • Provide guidance for expats in countries blacklisted by many UK lenders due to the prevalence of money laundering or other issues.
  • Support applicants with ID checks and understanding how to prove employment.

With so many factors to consider, an independent whole-of-market broker ensures that you have the best chance of finding the lending you need, with the leverage to negotiate the most competitive rates possible.

Are There Benefits to Using an Expat Mortgage Broker?

Many - international mortgages are a different scenario than the UK market, and experience in understanding the pros and cons of different lenders is vital!

  • More Options, More Competitive Lending: The Revolution team understands the market lenders, and who can offer which products. The scope extended to self-employed expat mortgages, buy to let lending for UK nationals overseas, self-build mortgages, and financing for expats on an interest-only basis.
  • Saving on Mortgage Costs: As your broker, our job is to find you lending and save you money. That includes negotiating rates, recommending loan terms, and avoiding expensive charges and red tape that could have been avoided.
  • Faster, More Successful Applications: An international broker is well placed to ensure your application is sent to the right lenders, and you can move through the process much faster, with expert advice on your side.
  • Expert Support: Brokers can advise on every aspect of a mortgage application, including international legislation, customs, and the purchasing process overseas. Revolution can also help guide you through the obstacles to securing UK lending as an expat living overseas.

Can I Get a Mortgage for a BTL, Holiday Home, or Residential Property Abroad?

If you need investment financing, to mortgage a holiday home, or find a mortgage for a residential property, a broker is crucial.

The UK buy to let sector is competitive, but as an expat you can expect to pay higher deposits, and deal with more extensive documentation requirements to demonstrate that your anticipated rental income will cover at least 125% of the regular repayments.

When mortgaging a holiday home, you will be subject to affordability testing.

In any scenario, an expat mortgage is more specialist than a standard residential mortgage, and independent advice is essential to make sure you get the best deal, and don't end up tied down to a costly mortgage.

Who is the Best Mortgage Broker in the UK for Expats?

Of course, Revolution Brokers will say ourselves! However, we'd recommend you do your due diligence, check customer reviews, and ask plenty of questions to make sure you're satisfied with your broker before any work begins.

Are There Scottish Expat Mortgage Brokers?

Yes, you can find Scottish mortgage brokers, although lenders in the country are fewer than in England. There are also mortgage brokers specifically working with expats.

Revolution Brokers work with expats throughout the UK, as well as UK nationals living abroad.

Where Can I Go for Independent Mortgage Advice as a UK Expat?

The best solution is to look for a whole-of-market, independent mortgage broker.

Our team is fully independent, which means we can offer any product from any lender that we think offers you the best deal, and are not tied in to any bank, provider or lender.

How Do Exchange Rates Impact Expat Mortgages?

Exchange rates are important in expat mortgages, as even minor fluctuations can make a significant difference to your monthly repayments.

In some cases, and depending on the value and currency, it might be advisable to book currency exchanges in advance to lock in the exchange rate you will pay and eliminate an uncertainty.

Which Countries are Easier to Get an Expat Mortgage For?

Every country works differently, so it's less about easy and difficult locations, and more about knowing the local customs, laws, tax regulations and licenses when purchasing a property. In many circumstances, you may be liable to pay UK taxes too, dependent on your tax residency status.

Using an experienced international mortgage broker is crucial to ensure you understand the costs involved, and can minimise the expense.

More Rigorous Eligibility Criteria

Given that you are based in a different country than your property, an expat mortgage is higher risk, and the eligibility criteria are much stricter than for domestic applicants.

You should also be aware of money laundering rules, and be prepared to prove your identity, including potentially being asked to travel back to the UK to sign documents in person.

Professional Advice from the UK Expat Mortgage Experts

For independent advice about the best lenders for your expat mortgage, or to source the funding you need for a UK or overseas property, contact Revolution Finance.

Our expat mortgage team are always on hand to help, and can be reached at 0330 304 3040 or via info@revolutionbrokers.co.uk.

Why Revolution Brokers?
  • Whole of market brokers

  • Mortgage that suits you

  • On time customer support

Latest Blogs

10 Feb 2022
Do I Qualify for First-Time Buyer Status?

Do I Qualify for First-Time Buyer Status? Working out whether or not you are a first time buyer may seem obvious - but there are plenty of scenarios where your position isn't clear! Examples might include: New buyers who have inherited a property they rent out. Buy-to-let investors that have never purchased a residential hom..

26 Jan 2022
How Does a Remortgage Application Work?

Most homeowners know that remortgaging means switching a mortgage from an existing lender over to a new deal. However, the process isn't always obvious. If you're on a fixed-rate deal, you'll want to get ahead of the end of the term to avoid being shuffled onto a higher standard variable rate where your interest costs will undoubtedly ..

17 Dec 2021
Understanding Lender Risk on First-Time Buyer Mortgages

Finding a great mortgage as a first time buyer can feel like an uphill struggle, with a larger proportion of applicants being turned down than a year ago. Around 20% of first-time mortgage applicants are rejected, usually because of the lender risk associated with their loan. Today, Revolution Brokers explains the highest risk facto..

28 Oct 2021
Pros and Cons of First Time Buyer Buy to Let Mortgages

Investing in a rental property can be an excellent way to get onto the property ladder and earn an income. However, if you haven't owned a residence before, you might find that a mainstream bank will automatically turn you down for a buy to let mortgage. In today's guide, the Revolution Brokers team explains how you can become a ren..

12 Oct 2021
Mortgage Deposit Requirements for First-Time Buyers

Buying a home for the first time is a massive step - but the deposit is often a stumbling block for first-time buyers. It can take years to save a sufficient amount or be impossible, so there are several ways to approach the problem and get your foot onto the property ladder. From April 2021, the UK government launched the new mortg..

24 Jun 2021
Why Property Auction Finance is Booming!

There is little doubt that UK buyer confidence is at an all-time high. We've recapped previously in our blogs how property market growth and prices have soared over the last few months! As we head into summer, one key area of mortgage finance seems to be expanding rapidly: property auction finance. In this article, the Revolution..

Offer!

Refer, Relax and get £50

If you refer a friend for a mortgage or any
type of finance you’ll both receive £25
each when their new application
successfully completes.

Know More!

We are proud
members of the:

FCA disclaimer

The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature. We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.

Ask the Mortgage Experts

Revolution Brokers understands that mortgages can be complex and confusing!

Ask us any question you might have, and one of our skilled consultants will come back to you as quickly as possible.