Offshore Mortgages and Overseas Buyers

The UK, and in particular London, continues to attract an increasing number of overseas investors who are looking to buy either a main home or a property for investment purposes. There are a number of attractive options for both non-resident and resident non-domiciled buyers.

At Springtide Capital we have access to all lenders offering these facilities and can arrange finance in most currencies for overseas buyers. The most frequent requests we receive are for Euro and US Dollar denominated facilities structured in one of the following ways:

• Offshore company or trust
• Individual name offshore
• Individual name onshore
• Multicurrency lending

Foreign currency mortgages secured on UK property, usually valued in sterling, are exposed to variations in exchange rates. If sterling falls against the borrowing currency, your monthly payments, and final liability, may increase significantly.