OFFSHORE & OVERSEAS

Diamond Property Finance has access to various international lenders. Our services include,

  • Mortgages for primary residence & secondary homes
  • Mortgages for holiday homes
  • Construction, development finance & International bridging loans
  • Multi-currency solutions

Please see the countries where we have sourced funding in the past,

  • Dubai
  • France
  • Spain
  • Portugal
  • Monaco
  • Switzerland

Please contact us if the security is in another country not listed.

FREQUENTLY ASKED QUESTIONS

What is an offshore mortgage?

An offshore mortgage is a financial product that allows individuals not residing in the UK for tax purposes or those earning income predominantly outside the UK to purchase residential properties in the UK. These mortgages are often used by non-UK residents or expatriates who wish to invest in UK real estate. The mortgage enables property ownership and can be used for personal residence or as a buy-to-let investment.

What types of property can you buy with an offshore mortgage?

Offshore mortgages are typically used to buy residential properties in the UK. The properties can include various types, such as houses or flats, and may serve as a personal residence or an investment property for renting out.

What are the eligibility criteria for an offshore mortgage?

Eligibility criteria for offshore mortgages can vary among lenders, but common requirements include:

– Non-UK Residency: The applicant should not be a resident in the UK for tax purposes.
– Income Sources: Individuals whose primary income is earned outside the UK are often eligible.
– Affordability: Lenders assess the borrower’s ability to afford the mortgage payments.
– Creditworthiness: A positive credit history is crucial for approval.
– Purpose: Clearly stating the purpose of the mortgage, whether for personal use or investment.

What are the benefits of offshore mortgages?

The benefits of offshore mortgages include:

– Global Investment: Enables non-UK residents to invest in the UK property market.

– Diversification: Offers diversification by holding property assets in different jurisdictions.

– Tax Efficiency: Provides potential tax advantages for non-UK residents.

– Property Ownership: Facilitates property ownership without residing in the UK.