Alexander Hall Mortgages Offshore mortgages

Offshore mortgage

Mortgages for overseas residents buying property in the UK

Typically offshore (or international) mortgages will be recommended to clients whose main income comes from outside the UK or they are not resident in the UK for tax purposes.

Offshore mortgages and tax

Offshore mortgages are also available to clients or companies that wish to hold a UK asset, typically a property, that is based in a country that will treat their tax position more favourably - Isle of Man, Jersey, Bermuda, British Virgin Islands etc.

If a purchase is structured this way you can be exempt from UK tax, which can be very advantageous if you are a higher rate tax payer or your income is difficult to prove in a more conventional way.

Investing in UK property

Offshore mortgages are also a good vehicle to fund purchases for clients that have never resided in the UK and have no intention to but simply want to invest in the UK housing market.

This can be done with as little as a 15% deposit but generally most lenders need 25-30% deposits, depending on the client's individual circumstances.

How can Alexander Hall help with offshore mortgages?

As expert mortgage brokers, Alexander Hall is well placed to find the best offshore mortgage for you. We have a wealth of experience dealing with international mortgages.

You should always seek independent tax advice from an accountant or tax specialist before proceeding with an offshore mortgage.

Contact us about offshore mortgages

Although Alexander Hall is regulated by FCA, most offshore mortgages are not regulated by the FCA.

Next steps...

Contact our offshore mortgage specialists on 08000 38 37 36 or by email.