Yes, it’s entirely possible for UK nationals to get a mortgage on a UK property while living overseas, but the process can be more complex than a standard application. This type of borrowing is known as an expat mortgage, and it’s designed for those who live abroad but want to purchase or remortgage property in the UK.
Each lender sets their own criteria, and eligibility can vary depending on where you live, how you earn your income, and how you plan to use the property. That’s why preparation is so important.
Below, we explain the key factors that could affect your application.
Your Country of Residence
Lenders maintain lists of countries they will and won’t accept applications from. These lists can change over time based on political stability, economic risks, or financial sanctions imposed by the UK government. Countries experiencing conflict or those deemed high-risk for money laundering may be excluded.
It’s also important to consider where your employer is based. Some lenders will only approve applications if your employer has a UK or international presence. Others are more flexible, particularly for applicants with strong documentation or stable income.
If you’re self-employed abroad, be prepared to provide detailed, verifiable records of your income.
Income and Currency
Even if your country is accepted, your income may be assessed differently depending on the currency you’re paid in. Most lenders will accept major currencies such as:
- British Pounds (GBP)
- Euros (EUR)
- US Dollars (USD)
- Canadian Dollars (CAD)
- UAE Dirham (AED)
However, some lenders won’t accept deposits made in a foreign currency or may reject third-currency situations (for example, being paid in one currency and depositing in another).
Many lenders also apply a ‘currency haircut’, reducing your stated income to account for fluctuations in exchange rates and tax. This can impact how much you’re able to borrow.
Your Property Plans
How you plan to use the property is a key part of your application. Lenders will want to know if:
- You’ll be renting it out (short or long-term)
- It will remain empty while you’re overseas
- You’re buying a UK base for visits
- You’re refinancing a property you already own
If you’re planning to let the property, you’ll need either a buy-to-let or holiday let mortgage. Holiday let mortgages often allow you to stay at the property for a set number of days per year (usually between 30 and 90), but the location must be within a recognised holiday area.
Lenders may also have rules about who can stay in the property and for how long while you’re abroad.
Joint Applications
Joint expat mortgage applications are sometimes possible, but most lenders will expect the primary applicant to hold a UK passport. If your partner or co-borrower is not a UK national, their income may not be included in affordability assessments.
Credit History and UK Ties
As part of the application process, lenders will usually review your UK credit history. If you’ve been living overseas for a long time without maintaining any UK financial products, your credit file may be inactive or difficult to assess.
To improve your chances, it can help if you:
- Keep a UK bank account open
- Maintain a UK credit card (even if used occasionally)
- Ensure your UK address history is up to date
Some lenders may also look for other UK ties, such as family still living in the UK or existing property ownership, to support your application.
What You’ll Need to Prepare
Expat mortgage applications often require more documentation than standard cases. Expect to provide:
- Proof of identity and UK nationality
- Evidence of income (including payslips, contracts, or tax returns)
- Details of your residency and employment abroad
- A clear explanation of your plans for the property
- Bank statements showing the origin of your deposit
The earlier you start gathering this information, the smoother your application will be.
Why Specialist Support Helps
The expat mortgage market can be difficult to navigate without expert advice. Because lender criteria vary, and the smallest details can affect eligibility, working with a broker or speaking directly with your lender early in the process can make a big difference.
They’ll help you understand the best options available and what you need to provide to support your case.
Frequently Asked Questions
Can I get a mortgage in the UK as a British citizen living abroad?
Yes, many lenders offer expat mortgage products for UK nationals living overseas.
What deposit do I need for an expat mortgage?
Most expat mortgages require a larger deposit, typically 25% or more.
Can I use foreign income to qualify?
Yes, but it must be in an accepted currency and fully documented. Lenders may reduce the amount counted toward affordability.
Can I live in the property while visiting the UK?
Yes, depending on your mortgage type. Holiday let mortgages often allow personal use for up to 90 days a year.