The Compare the Financial Markets group is for sale

Includes the brand, our impeccable reputation (since 2010), and the family of domains.
I’m interested


Please read the risk warnings and important information below in order to continue.

Risk warnings and important information
None of the content above should be considered to constitute investment advice. Individuals’ objectives and circumstances vary and as such appropriate investments for one may not be appropriate investments for all.
Past Performance is a poor indicator and certainly no guarantee of future performance.
Investments can fall as well as rise, and may fall considerably.
The value of investments is not guaranteed and you may not receive back the full amount invested.
The tax treatment of investments such as these, including the initial tax relief available, are dependent on the investment vehicle successfully maintaining qualifying status throughout its life.
Many tax advantaged investments are high risk investments and we strongly recommend investors do not consider investing on the basis of this information alone or investing without obtaining financial advice from an appropriate source.
Investments in small companies are speculative and the promise of higher potential returns comes with a commensurately higher risk of capital losses.
*Definition of a failed investment is the loss of 50% or more of the original investment.
All statements concerning the tax treatment of products and their benefits are based on our understanding of current tax law and HM Revenue and Customs’ practice. Levels and bases of tax relief are subject to change.

By entering your email address you agree that you have fully read and understood the statement above.

Your email:*

 Please tick this box if you are a Professional Investment Advisor.

Expats Need a Credit History in the UK to Secure Off Shore Mortgage

Do Expats Need a Credit History in the UK to Secure an Off Shore Mortgage?

A British expat seeking an off shore mortgage in the UK is likely to encounter this question when dealing with international mortgage brokers. The answer is NO.

UK Credit History Not Mandatory

International mortgage brokers don’t require a British expat to have a credit history in the UK in order to accept his or her mortgage application. This is because almost all international mortgage lenders only ask for your address history for the past 3 years.

Many, if not most British expats who request an off shore mortgage in the UK have usually worked for more than 3 years overseas, which makes it impossible for lenders to demand a UK credit history from them. Neither do foreign nationals need a UK credit history, since almost always they have not resided in the UK before requesting an off shore mortgage.

Having a Credit History May Help

Although not necessary when seeking an off shore mortgage, a credit history in the UK may help you secure better financing as an expat, in several situations. Better financing here means more attractive mortgage terms, and perhaps more flexibility regarding repayments.

So, as an expat, whether you want an off shore mortgage for a residential property, or for buy-to-let properties, you don’t need a UK credit history when submitting an application to a lender. But it’s often useful if you do.

Obtaining a More Competitive Off Shore Mortgage

Expats whose parents live in the UK can make their default banking correspondence address the address at which their parents live. By doing this, they can obtain better financing from a UK-based lender, since the latter will be able to check their credit history at that address.

Compare the Best Offshore Savings Accounts.

Choosing the best offshore account can be difficult, so careful consideration is crucial. Your questions on the best offshore savings accounts will be answered by our industry experts, free of charge. 

To help you through the multitude of choices, enter your details below and let the Compare The Financial Markets experts find the best offshore savings account for you. 

Offshore Investments

Enter your details and let our experts find the best possible deal for you

  • Subscribe to our newsletter please

Print Friendly and PDF
<< Previous Next >>


Submerged Tyler Shields Art For Sale 2018

Find the best investment and alternative investment options

Brazil Investments ? Ask the Experts at Compare The Financia