Expat Mortgage

Author
Discussion

oilydan

Original Poster:

2,030 posts

277 months

Sunday 9th May 2010
quotequote all
Hello finance peoples wavey

I'm a Brit living abroad and, now that my student debts, wedding debts, car debts and all other general 'having fun' expenditures are out of the way, I have decided it is time to get myself some property in the UK.

At the moment I'm looking for investment property types as I have no plans to move back anytime in the near (5 years) future. Something like a 2-3 bed flat on the seaside in Newquay, possibly.

I have a fairly decent salary, tax free of course, and no other outgoings apart from a pension/investment portfolio.

What mortgage companies should I be looking at to get a decent LTV and interest rate? All the usual ones seem to want 30% deposit and, on a 200K flat, that is pretty-much impossible. Who has 60K kicking around to buy their first home?!?

scotal

8,751 posts

285 months

Monday 10th May 2010
quotequote all
YHM.