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I'm thinking of buying a place in the UK but I'm an expat living in Belgium (better use of annual bonus rather than more bikes). Should I be searching in the UK for a mortgage as an overseas resident or over here for an overseas property?
Anyone got any experience / knowledge that might be useful?
It would be for a property half to use for me / half to use as a holiday rental.
Posted : 24/08/2017 12:30 pm
There was a broker called something like expat mortgages but not being mainstream were v expensive when i looked. Holiday letting on a residential mortage is probably not allowed.
Also think of currency risk unless you are paid in gbp.
Good idea to get yourself a uk base though. I personally think the uk tax advantages for overseas landlords will be the next lot to go.
Posted : 24/08/2017 3:33 pm