More and more people each year are leaving the country and starting lives somewhere new, and there are many clear advantages of doing this and especially in the current economic climate. One of the most popular destinations for this is Abu Dhabi, and this is a stunning city with plenty of work opportunities including tax free incomes. In 2010 only around 16.5% of the United Arab Emirates population were Emiratis, and this shows just how many expats are currently living and working out there. Any UK national that is now living out in Abu Dhabi will encounter some serious difficulty when trying to purchase or remortgage a UK property, and this is because you will not be able to secure the finances for it. It is very common for expats to want a property here in the UK, and this could be for a holiday home, to have somewhere to come back to one day or perhaps to rent out.
You will soon find out that the majority of UK lenders do not offer expat mortgages, and if you find one that does then you will need to have a good, long credit history here in the UK. Cleary as an expat this is something which you may not have if you have been out of the country for a long time, so what can you do to secure finances to get a property in the UK? Thankfully there are some companies that recognise how difficult it can be, and these international mortgage brokers will do all they can to help you out.
British Expat Mortgages for Ex Pats Living in Abu Dhabi
International mortgage brokers like Capital Fortune Expat Mortgages have a solid reputation, and they have helped expats from all around the world secure the finances that they desperately need. This is possible because they have access to banks and private lenders that offer a range of expat mortgage rates, and they will be able to obtain you a mortgage with a decision made in 24 hours and the mortgage offer within 15-20 business days. This means that you will not have to wait too long and you will soon have the finances that you require, and a lot of the stress and anxiety around trying to obtain this will be alleviated as they will do all of the hard work for you too.
Whether it is finances for UK property, expat buy to let remortgages or loans for a holiday home then do not worry, as help is available although it may initially seem unlikely. You may not have a particularly great UK credit history but this can be overcome and there is also no requirement to have a bank account in this country either, so with the right company you shouldn’t have too much trouble obtaining the finances for a property in this country.