UK Large Expat Mortgages Above £500,000 for UK Property
Welcome to Fox Davidson – Your Specialist UK Expat Mortgage Broker for Large Loans. Fox Davidson are a leading UK-based expat mortgage broker, specialising in securing large mortgages above £500,000 for British expats worldwide. Whether you’re investing in a high-value UK property or purchasing a main residence, our expert team connects you with tailored mortgage solutions for UK properties.
Fox Davidson work with lenders across the market including high street and private banks, building societies and specialist broker-only lenders. We deal with the banks here in the UK and liaise with clients by phone, email and webchat meaning you do not have to return to the UK to arrange your mortgage.
As a UK expat mortgage broker, we can secure funding for most situations including main residence and buy-to-let mortgages.
We specialise in large loans for:
Main residence mortgages: High-value properties for personal use or family members in the UK.
Buy-to-let mortgages: Investment properties, including residential and commercial, in personal or Ltd company names.
What is a Large Expat Mortgage?
A large expat mortgage is a loan above £500,000 for a UK property, designed for British nationals living and working abroad. These mortgages require specialist underwriting due to their size and the complexities of expat circumstances.
Navigating the market for large expat mortgages can be challenging due to limited lenders and stringent criteria. Partnering with Fox Davidson ensures you access competitive terms from across the UK mortgage market, saving you time and securing the best rates for high-value loans.
How to Secure a Large Expat Mortgage
Large expat mortgages are offered by a select group of UK lenders, each with specific requirements for high-value lending. Fox Davidson streamlines the process, handling everything from initial enquiry to fund drawdown. Our dedicated team, including a broker, paraplanner, and case manager, liaises with lenders, surveyors, and solicitors on your behalf.
Why Choose Fox Davidson for Large Expat Mortgages?
While it’s possible to approach lenders directly, securing a large expat mortgage is complex due to limited lender options and varied criteria. Fox Davidson’s expertise ensures your application is placed with the right lender the first time, maximising approval chances and securing competitive terms for loans above £500,000.
Large Expat Mortgage Criteria
- Loan size: Mortgages above £500,000 for UK properties.
- Loan to value (LTV): Up to 90% LTV for main residence, 75% for buy-to-let.
- Repayment options: Repayment or interest-only basis available.
- Eligibility: Expatriates must be employed (self-employed expats not currently supported).
- Restricted countries: We cannot assist expats in FATF high-risk countries (contact us for the latest list).
Main Residence Expat Mortgages Above £500,000
If you’re a British expat seeking a high-value mortgage for a UK property to use during visits or for family members living in the UK, we can help. Main residence mortgages for expats are available from mainstream lenders, offering competitive rates for large loans.
Buy-to-Let Expat Mortgages Above £500,000
For expats looking to invest in UK property, we secure large buy-to-let mortgages for high-value residential or commercial properties. These are ideal for portfolio expansion or remortgaging, with lending available in personal or Ltd company names.
Contact Fox Davidson Today
Ready to secure a large expat mortgage above £500,000? Email us at enquiry@foxdavidson.co.uk or complete our enquiry form to start the process.
Can you get a mortgage as an expat?
It is possible to secure a mortgage on a UK property as an expat. Many of the UK mortgage lenders offer mortgage solutions for British expats.
Which UK banks offer mortgages to expats?
High street banks and private banks offer mortgages to expats. UK banks all have different lending criteria, so it is important to find the right lender for your situation.
How much deposit do I need for an expat mortgage?
The deposit required for an expat mortgage is typically 10% for a main residence mortgage and 25% for a buy-to-let expat mortgage.
Can I get a mortgage in the UK if I don’t live there?
It is possible to secure a mortgage in the UK even if you do not live there. Mortgages for people living outside of the UK are called expat mortgages.
I work for the armed forces and have a BFPO address, do I need an expat mortgage?
Military personnel with a BFPO address are not classed as expats and can secure mortgages in the normal way as if they were living and working in the UK.
What is the best type of mortgage for expats?
The best type of mortgage for an expat is one that meets your mortgage requirements and that has the most competitive lending terms for your situation.
Can British expats still buy property in the UK?
British expats can still buy property in the UK so long as they meet the mortgage lenders’ lending criteria.
How long does an expat mortgage take to arrange?
An expat mortgage typically takes around 4 weeks to arrange. The application process is slightly longer due to the extra due diligence a mortgage lender must apply to applicants living outside of the UK.
What are the best expat mortgages UK?
The best expat mortgages in the UK are those offered by high-street banks and building societies which often have the best expat mortgage rates on the market.
Are expat mortgage rates competitive?
Expat mortgage rates can be as competitive as mortgages offered to UK resident applicants. An expat should be prepared to pay a little more as the number of lenders offering expat mortgages is reduced compared to the number of lenders who will lend to UK resident applicants.
Do I need a good UK credit history to get a UK expat mortgage?
It is beneficial to have a good UK credit history as most lenders will still carry out a UK credit search. However, some lenders do not lend based on credit score and will judge each case by its own merits.
