Many Hong Kong foreign nationals are moving to the UK and looking to invest in the UK property market. We can assist with a range of Buy To Let & Commercial Mortgages for Hong Kong Foreign Nationals.
The UK governments new visa scheme allows Hong Kong nationals to apply for a 5 year visa, under the British National Overseas (BNO) scheme. Estimates are that as many as 153,000 people will apply in 20211.
As an independent commercial finance brokers we are experienced in mortgages and property investment finance for foreign nationals.
To discuss your options call +44161 5469128 or fill in the quick contact form below
Property Investment Finance For Hong Kong Foreign Nationals
If you have recently moved to the UK and are looking to invest in property, there are a number of things to be considered.
Eligibility criteria varies between different banks and lenders, using a professional commercial finance broker can help you navigate this. In addition to different rules on visas, there is other related criteria that may stop you getting mortgages for Buy To Let properties. These may include:
- Lack of UK mortgage conduct or credit history
- Minimum UK residency requirements
- UK Visa requirements
- First time buyer restrictions
- First time landlord restrictions
However, there are a number of banks and lenders that will approve mortgages for both Hong Kong Foreign Nationals and other none UK nationals.
UK Buy To Let Mortgages For Hong Kong Nationals
There is a strong rental market in London and around the UK. We can assist with residential buy to let properties, including small houses, apartments and large detached properties.
Similarly, we have banks that will provide mortgages for more complex residential properties, such as multi unit blocks, student accommodation and Houses of Multiple Occupancy (HMO).
A deposit of minimum 25% is usually required.
UK Commercial Mortgages For Hong Kong Nationals
We can assist with a wide range of commercial property investment mortgages. This could be on properties such as offices, warehouses, retail units, industrial units.
Commercial mortgages usually require a minimum deposit of 30%, sometimes higher depending on the type of building.
Summary: Finance Brokers For Hong Kong Foreign Nationals
As an independent commercial finance brokers, we can assist with a wide range of buy to let mortgages, commercial mortgages. We also assist with other business/investment finance.
We are experienced assisting Hong Kong Foreign Nationals invest in UK property.
Please call us today on +44161 5469128 or fill in the form below and we will be in touch straight away.