Buying property in the UK?
UK mortgage offers from Barclays Wealth International for non-UK nationals
At Barclays Wealth International, we offer a mortgage service to UK expats and residents and nationals of other countries looking to buy property in the UK. We can help you find the right mortgage and assist you with associated financial planning.
You may be looking for a non-resident UK mortgage, a 'Res Non Dom1' mortgage or a 'moving to the UK' mortgage. Specific products such as these don't exist, since the tax break for Res Non Doms to take out an offshore mortgage on their UK home was abolished in 2008. However as specialists in international banking, we can offer mortgages to non-UK residents, British expats returning home and those with no credit history in the UK.
Barclays Wealth cannot provide tax advice. If you are uncertain about whether this status applies to you or need more information, please consult an independent tax adviser.
To find out more, call us on +44 (0)1624 684 305† or click the link below and you can arrange for us to call you back at a convenient time.
UK mortgage for non-resident investors
Gain access to a network of international mortgage experts whether you're interested in:
- Buying a home
- Purchasing an investment property
- Releasing equity from an existing property.
International mortgage service
Our expert International Mortgage Advisers will offer you a free consultation to take you through all your options to finance a property purchase or remortgage in the UK. They will also:
- Help you understand each stage of the house-buying process in the UK
- Help you choose the right mortgage
- Explain the different mortgage repayment options and work out how much you can afford to borrow
- Help you complete the paperwork and guide new applicants through our account-opening procedures.
UK mortgage quote
Call +44 (0)1624 684 305† and Barclays Wealth International can provide you with a competitive UK mortgage quote2 whether you are looking to invest in property or are purchasing a new home in the UK. We have the expertise and experience to provide specialist mortgage advice tailored to the needs of international clients. Click the link below if you'd prefer us to call you back.
Here are the key benefits and features of our UK Mortgage Service:
- A dedicated team of International Mortgage Advisers who will handle both your mortgage and your international banking requirements
- Mortgages available to finance the purchase or remortgage of a residential property for owner occupation or for investment purposes
- Choice of either variable or fixed interest rates
- Mortgages available on an interest-only or capital and interest repayment basis
- Mortgages in sterling, or a selection of other major currencies3.
UK mortgage rates
UK Mortgage rates vary greatly according to the type of mortgage you choose. Our choice includes:
- Fixed rate
- Tracker
- Offset
- Buy to let
Call us on +44 (0)1624 684 305† or click the link below and we can give you up to date information about current UK mortgage rates.
Interest-only and repayment options
UK Mortgages are also available on an interest only or repayment (capital and interest) basis.
Interest-only option
With this type of mortgage, the monthly payment covers only the interest charged on the loan and does not cover any repayment of the capital, i.e. the original amount borrowed. To repay the capital you need a separate investment/assurance policy or plan. You are required to pay a regular contribution to the policy/plan which, provided certain growth assumptions are met, will pay a sufficient amount on maturity to repay the capital payable on the mortgage. This policy/plan may or may not be guaranteed to pay off the mortgage in full.
Repayment option
With a repayment mortgage, you make a single payment each month. The payment covers both the interest on the loan and repays part of the capital. Provided all payments have been made, it repays the loan in full at the end of the term of the mortgage.
1 Res Non Dom or 'resident non-domiciled' usually means someone who lives in the UK (and may also be a UK resident) but has their origin in another country and does not intend to make the UK their permanent home. If this describes you, it is also likely that you may be regarded 'resident non-domiciled' for UK tax purposes.
2 Subject to status and Terms and Conditions
3 Subject to availability
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
If your loan is denominated in a currency other than sterling CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.
Terms and Conditions apply to all mortgage products. We strongly recommend that you obtain your own independent tax advice before proceeding with an offshore mortgage.
Barclays Wealth will require a first charge over the property.
Barclays Wealth is a responsible lender and when considering your application for borrowing, your financial circumstances will be appraised. Remember should you run into difficulties please contact us immediately.
You have sole responsibility for the management of your tax and legal affairs, including making any applicable filings and payments and complying with any applicable laws and regulations. We have not and will not provide you with tax or legal advice and recommend that you obtain your own independent tax and legal advice tailored to your individual circumstances.
† Lines are open 7am to 8pm weekdays and 8am to 5pm weekends and UK bank holidays local time. Call charges may vary. Please check with your local telecoms providor. Calls may be recorded for training and security purposes.
The products and services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Bank PLC in England and Wales, Barclays Private Clients International (Gibraltar) Limited in Gibraltar and Barclays Private Clients International Limited in the Isle of Man, Jersey and Guernsey. For further information on these companies and Barclays Wealth please read the Important Information.
Products and services on this site may not be available in certain jurisdictions. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.
