British Mortgages for UK Expats in Canada

British Mortgages for UK Expats in Canada

Canada with its first class health system, low crime rate and stunning outdoor scenery remains an attractive destination for UK expats. Many British citizens have given up their home to relocate here or have arranged a UK expat buy to let mortgage or residential finance, allowing them to rent their property whilst away. They have realised that the low UK interest rate environment, reconfirmed by the Canadian born Governor of the Bank of England Mark Carney has provided the additional ability to potentially earn rental income on UK property, whilst they live abroad. They make contact looking for our range of UK expat mortgages.

As international mortgage brokers we regularly assist British expats living abroad who are looking to use our expat mortgages Canada service to purchase a new UK home or are looking for expat buy to let remortgages on an existing property. They usually boast a good income and are employed in a range of industries including financial services, new media, recruitment, law, manufacturing and construction. They may have already spoken to their UK bank but have been refused given many expat mortgage UK lenders have withdrawn completely from the ex pat mortgages market. Some have spoken to other expat mortgage brokers but despite promises, the mortgage application has not been accepted.

They make contact usually looking for UK expat mortgage advice and often tell us of the difficulties they have faced in arranging competitive interest rates on expat mortgages. They understandably, are unwilling to pay a premium, simply because they live abroad.

There are clear challenges for UK expats living in Canada, but with the assistance of an expat mortgage specialist, many however can be overcome. We can arrange mortgages for expats UK-wide.

The major difficulty with any expat mortgage is that the majority of UK lenders now use automatic credit scoring software and clients who are no longer on the UK voters roll, not paying UK utility bills and perhaps whilst having a UK bank account have left it inactive, do face the greatest problems. In addition because UK lenders are now under a strict duty to identify mortgage applicants and confirm their place of residence, this proves more difficult when abroad. In order to be successful, it is important to approach UK providers who not only offer expat mortgage rates but also who will take an holistic approach. Whilst the UK credit report, may not provide useful information, an expats mortgage status can be confirmed by their pay slips and employment contract, their Canada bank statements and identification and residential status can be confirmed by a Canadian lawyer or the British Embassy, to satisfy the lender requirements.

Mortgages for expats buy to let and any residential finance on UK property, does need to be paid in Sterling and the fact that UK expats are paid in a foreign currency poses further challenge. However a number of Canadian banks will allow international bank transfers to make the monthly payments but do charge a small fee for each transaction. There is no doubt that Canada does have a good taxation system, but the non-UK taxpayer status of applicant again cause further issues.

We typically are able to help and assist in these situations and despite the initial frustration expressed by many of our UK expats when they make contact, they are pleased that we can usually resolve all matters and obtain them a formal offer usually within 4 weeks of applying for mortgages. UK expat finance specifically for Canada is one of our specialist areas.

All our UK lenders are fully regulated and authorised by the Financial Conduct Authority, formerly the Financial Conduct Authority and some have been trading for over 100 years. We deal all mortgages for expatriates applications from our main offices here in the City of London and we will organise the collection of documents through recorded delivery mail and international courier services where necessary.

The UK expat buy to let mortgages we offer can all be undertaken on a repayment basis where you pay both the capital off the mortgage at the same time as making the interest payments. However, should you prefer, we can organise the mortgage interest only. Expat finance has similar choices and you can either pay down the capital or you can minimise the monthly payments. We are able to offer mortgages in London and throughout the UK, save for Northern Ireland. As mortgage intermediaries in London we are comprehensive panel, but in addition we have access to some expat mortgages UK-wide exclusive deals. These will be discussed by your adviser.

To speak to broker in our mortgage expats tam call us today on (00 44) 845 3 630 430

How to get in touch

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Selected Expat and Offshore Worker Mortgages

A selection of some of our lenders mortgage products and rates are shown below. Contact us for a quote specific to your circumstances. Table data updated 26/07/2017.

For /
Fixed Lender
% Lender




30/09/2019 4.59% 4.70% 2% in year 1, then 1% in year 2 £995


Expat Buy to Let to75% LTV

Repayment or Interest Only

Expat and UK Resident Joint Application.



3.19% Discount


5.70% 5.70% 3% in year 1, then 2% in year 2 £0 0.75%

Expat Residential to 80% LTV

Second Home or UK Base



1.69% Discount 31/07/2019 5.70% 5.70% 1% until 31/07/2019 £199 None

Expat Residential to 75% LTV

Free Standard Valuation.

Either: immediately returning to the UK or UK resident and Expat Joint Application.



2.89% Discount 2 Years 5.70% 5.70% 3% in year 1, then 2% in year 2 £0 0.75%

Expat Buy to Let

Max 50%-75% LTV (product dependant)

First Time Buyers / Pure Expat Applicants Considered


1.24% Fixed 30/11/2019 3.75% 3.75% 2% in year 1 & 2 £995 None

Expat Residential

Max 60% to 90% LTV (product dependant)

UK resident and Expat Joint Application



 2.80% Discount  2 Years  5.29%  5.29%  2% in year 1, then1% in year 2  £995  None 

Expat Holiday Let

Max 60% - 75% LTV (product dependant) 

007  3.60% Fixed 31/08/2019  4.00%  4.00%  2% in year 1,then 1% in year 2  None  1% 

Expat Buy to Let

Max 65% - 75% LTV (product dependant)

Personal income used (not based on rental income)