Property Sourcing Specialist

What are the requirements for obtaining a London mortgage as an overseas buyer?

The requirements for obtaining a UK mortgage as an overseas buyer can vary depending on the lender, but generally, you will need to meet the following criteria: Deposit: You will need to have a deposit available to put towards the property purchase. This is typically a minimum of 25% of the property's value, but some lenders may require a higher deposit. Income: You will need to have a regular...

What is the process for obtaining a London mortgage as an overseas buyer?

As an overseas buyer, obtaining a UK mortgage can be more challenging than it is for UK residents. However, it is still possible to secure financing for a UK property purchase. The process typically involves the following steps: Research lenders: Start by researching UK mortgage lenders that offer financing to non-residents. Some of the major banks and building societies in the UK offer mortgages to...

Can I purchase a property in London if I am not a London resident?

Yes, you can purchase a property in the UK even if you are not a UK resident. There are no restrictions on foreign ownership of UK property, and the process for buying property is the same for UK residents and non-residents. However, as a non-UK resident, you may be subject to additional taxes and fees. Non-UK residents looking to purchase property in the UK will need to obtain a National Insurance...

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