Notices
Living abroad. UK home. No problem.

Expat Owner Occupier mortgages

See all of our expat Owner Occupier Interest-Only mortgage products available for purchase or remortgage.

The mortgage will be secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

 

At Family Building Society we can assist with a mortgage if you are moving home or would like to raise some equity by re mortgaging your existing property.

An expat residential mortgage could be applicable in the below circumstances:

  • Where we are using non-Sterling income of the mortgage to be affordable
  • Where one spouse lives overseas and the other one lives in the property to be mortgages in the UK

Please be aware that we can only consider these mortgages on the basis of one of our expatriate Interest-Only products. As such we would need to take details of an appropriate repayment vehicle. The minimum property value we would consider is £120,000 in England and Wales.

We have a number of mortgage products available. Take a look at our current range of mortgage products below.

 

Who can apply?

You can apply if you are aged 18 or over.

How do I apply?

  • Step 1 - Start by contacting our New Business Team on 03330 140140 or by using the Call Me Back form. They’ll go over some basic information with you including how much you would like to borrow and what for. They’ll need to know about your income and outgoings to make sure you can afford the mortgage and they’ll check that the mortgage meets our lending criteria.
  • Step 2 – After our New Business Team have reviewed your circumstances,  you’ll need to then approach a mortgage intermediary who will make the application to us as we are unable to provide advice directly for these type of applications.
  • Step 3 – Submit your application along with any supporting documents (there is a list of what’s required on our application form) and the £175 Application Fee. There will be further fees associated with the product selected.
  • Step 4 – Once the application has been assessed in due course a valuation will be carried out  in due course we will provide you with a Mortgage Offer. A copy of this will also be given to your nominated Solicitor who will contact you with some forms to be completed.
  • Step 5 – Once your nominated Solicitor has carried out the necessary searches and received the forms back from you we can arrange to send you the funds to your solicitor (this is called “completion”).

 

Any questions?

If you have any questions and are unsure what mortgage product would be suitable for you, you can arrange an appointment or speak to a New Business Representative. You can get in touch in the following ways: 

Email us Call us on 03330 140140 Request a call back

When you submit your application there is a £175 Application Fee. There will be further costs associated with the application which will be explained to you when you contact our New Business Team.

Usually between 12 and 16 weeks.

Our current interest rates can be found below.

We’ll send you an Application Form after you’ve spoken to our Mortgage Advice Team.

When the application is received from you.
Only if the property value is above £500,000 which is paid with the application fee.
  • Application fee £175
  • Product fee (to be confirmed)
  • Valuation fee if applicable
  • Solicitor’s fee
  • There may be a fee that you will need to pay to your broker
Yes, we do, we will consider their retirement income.
Yes, our maximum is four.


Our Expat Owner Occupier mortgage products available

Sort:
Initial interest rate Current follow on rate Overall cost for comparison Repayment or Interest-Only? Max % Loan to Value (LTV) Product fees Additional
benefits

7.24% Expat 1.20% Discounted Rate from follow on rate for 2 years (XD0200)
7.24% 8.44% 8.6%APRC
  • Interest-Only
 60% £999~ £500 cashback for remortgages^
 

Some key features of this mortgage

  • Purpose - Expat for purchase, remortgage, product switch and further advance
  • Discount - 1.20% applied to our Managed Mortgage Rate for 2 years
  • Minimum rate - 4.59% 
  • Loan to Value - Maximum 60%
  • Application Fee - £175 + Valuation Fee for purchase and remortgage. (£125 for further advance, £0 for product switch)
  • Valuation Fees - Free for properties up to £500,000. For properties above £500,000 the standard valuation fee scale applies, less £330 discount. (£0 for further advance, £0 for product switch)
  • ~Product Fee - £999 for loans up to £500,000. For loans above £500,000 0.3% of the loan amount. (£0 for further advance, £0 for product switch)
  • Additional benefits:
    - ^Cashback - £500 on completion for remortgage applications
  • Early Repayment Charges -  2% in the first year, 1% in the second year
  • Maximum loan - No maximum. Loans above £500,000 should be referred to us for specific agreement before submission of an application
  • Minimum loan - £100,000 for purchase and remortgage. £2,000 for further advance. No minimum for product switches
  • Cost for comparison - 8.6% APRC
  • Additional criteria - We require a UK address for the serving of notice
  • See our full list of countries currently considered for Expat applications

See full details for fee details, documents you'll need, and more.

Take the next step:

See full details See what I could borrow
Ask us to call you back

7.74% Expat 0.70% Discounted Rate from follow on rate for 2 years (XD0201)
7.74% 8.44% 8.8APRC
  • Interest-Only
 80% £999~ £500 cashback for remortgages^

Some key features of this mortgage

  • Purpose - Expat for purchase, remortgage, product switch and further advance 
  • Discount - 0.70% applied to our Managed Mortgage Rate for 2 years
  • Minimum rate - 5.09% 
  • Loan to Value - Maximum 80%.
  • Application fee - £175 + Valuation Fee for purchase and remortgage. £125 for further advance. £0 for product switch
  • Valuation fees - Free for properties up to £500,000. For properties above £500,000 the standard valuation fee scale applies, less £330 discount. (£0 for further advance, £0 for product switch)
  • ~Product fee - £999 for loans up to £500,000. For loans above £500,000 0.3% of the loan amount. (£0 for further advance, £0 for product switch)
  • Additional benefits:
    - ^Cashback - £500 on completion for remortgage applications
  • Early Repayment Charges -  2% in the first year, 1% in the second year                                     
  • Maximum loan - No maximum. Loans above £500,000 should be referred to us for specific agreement before submission of an application
  • Minimum loan - £100,000 for purchase and remortgage. £2,000 for further advance. No minimum for product switches.
  • Cost for comparison - 8.8% APRC
  • Additional criteria - We require a UK address for the serving of notice.
  • See our expat page for our full list of countries currently considered for expat applications.
 

See full details for fee details, documents you'll need, and more.

Take the next step:

See full details See what I could borrow
Ask us to call you back

Comparing two mortgage products

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Note that products are subject to additional terms and subject to change. See a product's full details to find out more.