Can Middle Eastern business owners get a UK mortgage?

Can Middle Eastern business owners get a UK mortgage

Despite the challenging global situation, the UK continues to be a property hotspot for people based overseas and London retains a strong draw for overseas investors, as property values and exchange rates remain favourable.

One of our specialisms is in helping residents from the Middle East – particularly business owners – to buy property in the UK. Often this specific set of clients find it particularly difficult to get a mortgage because they don’t have the basic requirements a lender needs to consider their application, such as a proof of address or income. Language barriers can often add to the complexity.

In the latest of our video series, Associate Director Daniel Gracie tells us more about how we can help clients to get over some of these hurdles by using our decades of experience in this field.

If you – or someone you know – is an expat or foreign national struggling to secure a mortgage, don’t hesitate to get in touch with our team of specialist advisers.

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Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Changes in the exchange rate may increase the sterling equivalent of your debt. You may have to pay an early repayment charge to your existing lender if you remortgage. Think carefully before securing any other debts against your home.  

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