With uncertainty surrounding the future UK-EU relationship, more and more expats are moving back to the UK. If you’re thinking of doing the same, you may be wondering what mortgage options are available to you. It’s true that lenders have more restrictions in place when dealing with non-UK residents, and standard mortgages are usually off the table. This is because many of the eligibility assessments providers use for a normal mortgage require recent UK credit history and adequate proof of UK income. Overseas income can cause difficulties.

But none of this is your fault. Just because you’ve lived and potentially worked outside of the UK for a while, doesn’t mean you can’t be trusted. We understand this, and so do many lenders who offer expat mortgages for people exactly like you. The process can be more complicated than a regular mortgage, but an experienced expat mortgage advisor will be able to guide you through.

You can expect slightly higher interest rates than standard mortgages, this is because of the extra work involved to process your application and the perceived higher risk. But the difference isn’t much, and with the help of an experienced advisor you can still secure a great product with a relatively low rate.