The minimum deposit required for a UK mortgage as an overseas buyer can vary depending on the lender and the type of mortgage product you are applying for. Generally, UK mortgage lenders will require a deposit of at least 25% of the property’s value for overseas buyers.
However, some lenders may require a higher deposit, especially if you are considered a higher risk borrower due to factors such as your residency status or credit score. Additionally, the deposit required may be influenced by the location and value of the property you are looking to purchase.
It’s important to speak with a reputable mortgage lender or mortgage broker who can advise you on the deposit requirements for different mortgage products and help you determine the deposit amount you will need to provide to secure a mortgage as an overseas buyer.
