We can assist you in arranging your non-resident mortgage in the United Kingdom.

International real estate investors who have researched the Olympic effect on property prices will be keen to buy into the regeneration that is taking place around the site of the Olympic Games. Previous hosts such as Athens, Sydney and Barcelona all saw boosts in their house prices. Increases reported included a 63% rise in Athens in the five years prior to the 2004 games, Sydney Australia rose 50% in the same period before the 2000 games and those in Barcelona climbed 131% in the five years before the 1992 games.
 
 
Property prices in London are likely to soar with the establishment of improved transport services and urban regeneration. It is anticipated that 100,000 new homes will be built in the area due to the various improvements associated with the games.
The race to buy UK real estate close to the Olympic venues in and around Stratford, east London has already begun with agents in the vicinity witnessing an increase in interest from UK investors.

See Current Mortgage Products Below:

Popular Fixed Rates: Initial Rate Changing to, for the rest of the term The overall cost for comparison Further Information Early Repayment charge 5.68%

2 Year Fixed
Until 30.09.2009
Product code: B02039 7.24%
Bank of England Base Rate (currently 5.25%) + 1.99% 7.2% APR Arrangement fee 1.5% of loan* (minimum £595) ╪
Rental calculation based on pay rate
Maximum loan to value 85%†
No Higher Lending Charge
YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE 5% of capital repaid until 30.09.2009
B02042 - 90% LTV*
B02043 - 100% rental cover
90% LTV or 100% rental cover available on the above product for an additional 1% fee, which may be added to the loan
N.B. 90% LTV and 100% rental cover may not be used in conjunction with each other
YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
5.73%
-
3 Year Fixed
Until 30.09.2010
Product code: B03099 7.24%
Bank of England Base Rate (currently 5.25%) + 1.99% 7.1% APR Arrangement fee 1.5% of loan* (minimum £595) ╪
Rental calculation based on pay rate
Maximum loan to value 85%†
No Higher Lending Charge
YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE 5% of capital repaid until 30.09.2010
B03105 - 90% LTV*
B03106 - 100% rental cover
90% LTV or 100% rental cover available on the above product for an additional 1% fee, which may be added to the loan
N.B. 90% LTV and 100% rental cover may not be used in conjunction with each other
YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
5.84%
-
3 Year Fixed
Until 30.09.2010
Product code: B03544 6.50%
Bank of England Base Rate (currently 5.25%) + 1.25% 6.5% APR No Arrangement fee*
Rental calculation based on pay rate
Maximum loan to value 85%†
No Higher Lending Charge
YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE 5% of capital repaid until 30.09.2010 and then 2% until 30.09.2012
B03100 - 90% LTV*
B03101 - 100% rental cover
90% LTV or 100% rental cover available on the above product for an additional 1% fee, which may be added to the loan
N.B. 90% LTV and 100% rental cover may not be used in conjunction with each other
YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
5.78%
-
5 Year Fixed
Until 30.09.2012
Product code: B19071 7.24%
Bank of England Base Rate (currently 5.25%) + 1.99% 6.8% APR Arrangement fee 1.5% of loan* (minimum £595) ╪
Rental calculation based on pay rate
Maximum loan to value 85%†
No Higher Lending Charge
YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE 5% of capital repaid until 30.09.2012
B19074 - 90% LTV*
B19075 - 100% rental cover
90% LTV or 100% rental cover available on the above product for an additional 1% fee, which may be added to the loan
N.B. 90% LTV and 100% rental cover may not be used in conjunction with each other
YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

All arrangement fees may be added to the loan. Interest will be charged
 
†For first time landlords, the maximum loan is 85%.
*Up to 90% LTV available for an additional 1% fee, which may be added to the loan.
First time landlords must own their own home with or without a mortgage.
All products available as repayment, interest only, or a combination of the two. 10% capital repayment allowance per annum with no early repayment charge on all products. Where fees are added to the loan, interest will be charged. Interest charged monthly
Loan to Value Multiple Property Landlords (Portfolio of 2 or more properties)
Maximum loan to value across portfolio 90%  Where more than one property is held, rentals and Loan to Value ratios can be aggregated up to the limits above.  Should a multiple property landlord wish to purchase or remortgage a single property, the evidence of portfolio ownership is required (e.g, completion statement combined with a current rental agreement).

Rental cover now based on pay rate for all fixed rate products. Rental cover now based on pay rate plus 0.50% for all tracker products. Rental income now non-status to 70% LTV.  100% rental cover available on all 3 and 5 year fixed rate products for an additional 1% arrangement fee, which may be added to the loan (N.B. 90% LTV and 100% rental cover may not be used in conjunction with each other). Rental cover on 2 Year Fixed Rate product with extended ERCs only is calculated on BBR + 1.99% (currently 7.24%).

Foreign Nationals - Lending is only to individuals residing in FATF countries. These include Argentina, Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Gibraltar, Greece, Hong Kong, Iceland, Ireland, Italy, Japan, Luxembourg, Mexico, Netherlands (inc. Netherlands Antilles & Aruba), New Zealand, Norway, Portugal, Russian Federation, Singapore, Spain, South Africa, Sweden, Switzerland, Turkey, United Kingdom & United States of America.
Others Minimum loan is £25,001. All loans over £1.5million must be assessed individually. The minimum property value is £60,000 (including all individual properties in a portfolio, regardless of its aggregate value).