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UK Mortgage Advisers & Brokers for Expats in Portugal
UK mortgages for expats living in Portugal
Living in Lisbon, Porto, the Algarve or elsewhere in Portugal and considering UK property? We are specialist UK mortgage advisers and brokers helping Portugal-based expats buy, remortgage and refinance in the UK.
- Income in euros (EUR) considered
- Purchases, remortgages and buy-to-let
- Handled remotely in your time zone
Why expats in Portugal use a specialist broker
Many UK high street lenders decline applicants living overseas or offer them only limited products. We search the wider market, including specialist and private banks, to find lenders that accept residents of Portugal.
Euro income accepted
Many UK lenders accept income in euros for purchases, remortgages and buy-to-let.
Remote workers and business owners
Portugal is home to many remote workers, self-employed professionals and business owners. We know which lenders are comfortable with these income types.
Retired in Portugal
If you have retired to Portugal, some lenders consider pension and investment income, subject to age limits and affordability.
What we can help with
Buying a UK home or investment property, remortgaging to a better rate, releasing equity, switching a former home to buy-to-let, or buying through a UK limited company. All arranged remotely while you live in Portugal.
How it works
A straightforward process from first conversation to completion.
Initial consultation
A free call to understand your plans, residency, income and the property.
Market research
We identify suitable lenders and explain the options, costs and trade-offs.
Decision in Principle
We obtain a Decision in Principle (DIP) from the lender, usually within 24 to 48 hours, so you know where you stand.
Application
We prepare and submit your application and manage the lender on your behalf.
Offer to completion
We liaise with solicitors and valuers until your mortgage completes.
UK mortgage questions from expats in Portugal
Answers to the questions we are asked most often.
Can I get a UK mortgage if I live in Portugal?
Yes. Several UK lenders accept applicants resident in Portugal and elsewhere in Europe. We match you to lenders that fit your income and plans.
I work remotely for a UK company from Portugal. Does that help?
It can. Income paid in sterling by a UK employer can widen the choice of lenders, although lenders will still look at where you live and pay tax.
Can I buy a UK buy-to-let from Portugal?
Yes. Expat buy-to-let is common, in your own name or through a UK limited company.
How much deposit will I need?
For expats and foreign nationals, lenders usually require a deposit of between 25% and 30% of the purchase price, depending on the lender, your residency, income and the type of property.
Speak to a UK expat mortgage adviser
Tell us a little about what you are looking to do and we will be in touch to arrange a free, no-obligation consultation.
Email: john.florey@opesfp.com