Specialist Mortgages
Supporting you every step of the way.
Expat Mortgages
To grasp the concept of an expat mortgage, let’s first define what it means to be an expat. An expat is an individual living in a country different from their country of origin. For example, if you’re from the UK but currently residing abroad, you are considered a UK expat.
Now, an expat mortgage is a type of loan specifically tailored for UK expats who wish to purchase property in the UK while living abroad. In other words, it’s a mortgage intended for UK nationals who are looking to invest in UK real estate from overseas. It’s important to distinguish this from an overseas mortgage, which involves obtaining financing for a property located outside the UK.
Offshore Mortgages
An offshore mortgage allows individuals residing overseas to purchase or remortgage a property in the UK. This option is particularly suitable if you are not a resident in the UK for tax purposes, such as a UK expat or a foreign national, or if the majority of your income is earned outside the UK.
Should you seek advice from a specialist mortgage broker?
We strongly advise you to seek expert and professional advice from a specialist mortgage broker if you do intend to apply for an expat or offshore mortgage. This can increase your chances of approval and ensure that you find the best deal and best interest rate available. Most high street lenders don’t offer expat or offshore mortgages because they can’t easily credit search applicants who aren’t in the UK; therefore, you’ll need a specialist mortgage broker like our experts at Keith Robinson for this kind of mortgages.
Securing a mortgage can pose challenges for self-employed individuals due to the complexities of proving income compared to those in traditional employment. If you’re self-employed, you fall into categories such as a limited company director, freelancer, contractor, sole trader, business partner, gig worker, or agency worker.
Major lenders typically require two to three years’ worth of accounts to verify income, which can be difficult if you’ve recently transitioned to self-employment. However, specialist lenders offer more flexible criteria and may assess your application without this extensive financial history.
Navigating the mortgage process as a freelancer or self-employed person may seem daunting, but rest assured, there are tailored solutions available. Our experienced advisers at Keith Robinson can provide guidance to simplify the process and find the right mortgage for your needs.
If you’ve had difficulties with your credit history, getting a mortgage can be challenging. But in the UK, there are lenders who specialise in helping people with less-than-perfect credit.
These mortgages are designed for those who’ve missed payments, had defaults, CCJs, or even bankruptcy in their history. However, they often come with higher interest rates and fees, and you might need a larger deposit.
Because these mortgages are riskier for lenders, it’s advisable to talk to a mortgage advisor who specialises in adverse credit. They can explain your options, see if you qualify, and find a lender that fits your situation.
At Keith Robinson, our team is experienced in finding the best deals for people with less-than-ideal credit histories. We work with various lenders who are open to considering applications from such borrowers. We’re here to guide you through the mortgage process and make it as smooth as possible.
If you’re interested in learning more about these mortgages and how we can help, reach out to us today. We’re committed to finding the right mortgage for you, whatever your credit history looks like.