Expat mortgage solutions

We have considerable experience in lending to expats and clients with income in a foreign currency. Here you will find a summary of our products for residential and buy to let cases.

We welcome purchase and remortgage applications and have a straightforward pricing structure that caters for both simple and complex cases. Our Specialist Lending Managers will help you find the right expat mortgage solution.

“Expat residential mortgages are inherently complicated, but MHBS were able to take a common sense approach which is very refreshing.”

Alex Weldon, Private Finance

Products

Purchase products for loans of £500k or less

To find out if your case qualifies for our simple or complex products, please check the ‘Which product is right for my client?’ section below.

Simple

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 2.74% 5.49% Up to £1.5m 0.75%
over £1.5m 0.5%		 £95 £200k £500k 10% 3% for three years Up to 75%*
2 year fixed rate 2.89% 5.49% As above £295 £200k £500k 10% 3% for two years Up to 75%*
5 year fixed rate 3.39% 5.49% As above £295 £200k £500k 5% 3% for four years, then 1% in the fifth year Up to 75%*

Complex

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 3.49% 5.49% Up to £1.5m 0.75%
over £1.5m 0.5%		 £95 £200k £500k 10% 3% for three years Up to 75%*
2 year fixed rate 3.64% 5.49% As above £295 £200k £500k 10% 3% for two years Up to 75%*
5 year fixed rate 4.14% 5.49% As above £295 £200k £500k 5% 3% for four years, then 1% in the fifth year Up to 75%*

*Some property types and loan sizes may be restricted to a lower LTV.

If your case is over £2m or doesn’t meet our simple or complex criteria,
please get in touch as we can provide bespoke solutions tailored to your clients’ circumstances.

Remortgage products for loans of £500k or less

To find out if your case qualifies for our simple or complex products, please check the ‘Which product is right for my client?’ section below.

Simple

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 2.49% 5.49% £995 £95 £200k £500k 10% 3% for three years Up to 75%*
2 year fixed rate 2.64% 5.49% £995 £295 £200k £500k 10% 3% for two years Up to 75%*
5 year fixed rate 3.14% 5.49% £995 £295 £200k £500k 5% 3% for four years, then 1% in the fifth year Up to 75%*

Complex

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 3.24% 5.49% £995 £95 £200k £500k 10% 3% for three years Up to 75%*
2 year fixed rate 3.39% 5.49% £995 £295 £200k £500k 10% 3% for two years Up to 75%*
5 year fixed rate 3.89% 5.49% £995 £295 £200k £500k 5% 3% for four years, then 1% in the fifth year Up to 75%*

*Some property types and loan sizes may be restricted to a lower LTV.

If your case is over £2m or doesn’t meet our simple or complex criteria,
please get in touch as we can provide bespoke solutions tailored to your clients’ circumstances.

Purchase and remortgage products for loans over £500k

To find out if your case qualifies for our simple or complex products, please check the ‘Which product is right for my client?’ section below.

Simple

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 2.24% 5.49% Purchase
Up to £1.5m 0.75%
over £1.5m 0.5%, Remortgage £995 		£95 £500,001 £2m 10% 3% for three years Up to 75%*
2 year fixed rate 2.39% 5.49% As above £295 £500,001 £2m 10% 3% for two years Up to 75%*
5 year fixed rate 2.89% 5.49% As above £295 £500,001 £2m 5% 3% for four years, then 1% in the fifth year Up to 75%*

Complex

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 2.99% 5.49% Purchase
Up to £1.5m 0.75%
over £1.5m 0.5%, Remortgage £995 		£95 £500,001 £2m 10% 3% for three years Up to 75%*
2 year fixed rate 3.14% 5.49% As above £295 £500,001 £2m 10% 3% for two years Up to 75%*
5 year fixed rate 3.64% 5.49% As above £295 £500,001 £2m 5% 3% for four years, then 1% in the fifth year Up to 75%*

*Some property types and loan sizes may be restricted to a lower LTV.

If your case is over £2m or doesn’t meet our simple or complex criteria,
please get in touch as we can provide bespoke solutions tailored to your clients’ circumstances.

To find out if your case qualifies for our simple or complex products, please check the ‘Which product is right for my client?’ section below.

Simple

Product
details		Initial
rate		Follow on
rate
(variable)		Product
fee		Application
fee		Min loan sizeMax loan sizeOver paymentsERCLTV
3 year discounted rate3.24%5.49%Up to £1.5m 1%
over £1.5m 0.5%		£95£200k£800k10%3% for three yearsUp to 75%*
2 year fixed rate3.39%5.49%As above£295£200k£800k10%3% for two yearsUp to 75%*
5 year fixed rate3.89%5.49%As above£295£200k£800k5%3% for four years, then 1% in the fifth yearUp to 75%*

Complex

Product
details		Initial
rate		Follow on
rate
(variable)		Product
fee		Application
fee		Min loan sizeMax loan sizeOver paymentsERCLTV
3 year discounted rate 3.74%5.49%Up to £1.5m 1%
over £1.5m 0.5%		£95£200k£2m10%3% for three yearsUp to 75%*
2 year fixed rate 3.89%5.49%As above£295£200k£2m10%3% for two yearsUp to 75%*
5 year fixed rate 4.39%5.49%As above£295£200k£2m5%3% for four years, then 1% in the fifth yearUp to 75%*

*Some property types and loan sizes may be restricted to a lower LTV.

If your case is over £2m or doesn’t meet our simple or complex criteria,
please get in touch as we can provide bespoke solutions tailored to your clients’ circumstances.

Residential

Purchase products for loans of £500k or less

To find out if your case qualifies for our simple or complex products, please check the ‘Which product is right for my client?’ section below.

Simple

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 2.74% 5.49% Up to £1.5m 0.75%
over £1.5m 0.5%		 £95 £200k £500k 10% 3% for three years Up to 75%*
2 year fixed rate 2.89% 5.49% As above £295 £200k £500k 10% 3% for two years Up to 75%*
5 year fixed rate 3.39% 5.49% As above £295 £200k £500k 5% 3% for four years, then 1% in the fifth year Up to 75%*

Complex

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 3.49% 5.49% Up to £1.5m 0.75%
over £1.5m 0.5%		 £95 £200k £500k 10% 3% for three years Up to 75%*
2 year fixed rate 3.64% 5.49% As above £295 £200k £500k 10% 3% for two years Up to 75%*
5 year fixed rate 4.14% 5.49% As above £295 £200k £500k 5% 3% for four years, then 1% in the fifth year Up to 75%*

*Some property types and loan sizes may be restricted to a lower LTV.

If your case is over £2m or doesn’t meet our simple or complex criteria,
please get in touch as we can provide bespoke solutions tailored to your clients’ circumstances.

Remortgage products for loans of £500k or less

To find out if your case qualifies for our simple or complex products, please check the ‘Which product is right for my client?’ section below.

Simple

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 2.49% 5.49% £995 £95 £200k £500k 10% 3% for three years Up to 75%*
2 year fixed rate 2.64% 5.49% £995 £295 £200k £500k 10% 3% for two years Up to 75%*
5 year fixed rate 3.14% 5.49% £995 £295 £200k £500k 5% 3% for four years, then 1% in the fifth year Up to 75%*

Complex

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 3.24% 5.49% £995 £95 £200k £500k 10% 3% for three years Up to 75%*
2 year fixed rate 3.39% 5.49% £995 £295 £200k £500k 10% 3% for two years Up to 75%*
5 year fixed rate 3.89% 5.49% £995 £295 £200k £500k 5% 3% for four years, then 1% in the fifth year Up to 75%*

*Some property types and loan sizes may be restricted to a lower LTV.

If your case is over £2m or doesn’t meet our simple or complex criteria,
please get in touch as we can provide bespoke solutions tailored to your clients’ circumstances.

Purchase and remortgage products for loans over £500k

To find out if your case qualifies for our simple or complex products, please check the ‘Which product is right for my client?’ section below.

Simple

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 2.24% 5.49% Purchase
Up to £1.5m 0.75%
over £1.5m 0.5%, Remortgage £995 		£95 £500,001 £2m 10% 3% for three years Up to 75%*
2 year fixed rate 2.39% 5.49% As above £295 £500,001 £2m 10% 3% for two years Up to 75%*
5 year fixed rate 2.89% 5.49% As above £295 £500,001 £2m 5% 3% for four years, then 1% in the fifth year Up to 75%*

Complex

Product
details		 Initial
rate		 Follow on
rate
(variable)		 Product
fee		 Application
fee		 Min loan size Max loan size Over payments ERC LTV
3 year discounted rate 2.99% 5.49% Purchase
Up to £1.5m 0.75%
over £1.5m 0.5%, Remortgage £995 		£95 £500,001 £2m 10% 3% for three years Up to 75%*
2 year fixed rate 3.14% 5.49% As above £295 £500,001 £2m 10% 3% for two years Up to 75%*
5 year fixed rate 3.64% 5.49% As above £295 £500,001 £2m 5% 3% for four years, then 1% in the fifth year Up to 75%*

*Some property types and loan sizes may be restricted to a lower LTV.

If your case is over £2m or doesn’t meet our simple or complex criteria,
please get in touch as we can provide bespoke solutions tailored to your clients’ circumstances.

Buy to let

To find out if your case qualifies for our simple or complex products, please check the ‘Which product is right for my client?’ section below.

Simple

Product
details		Initial
rate		Follow on
rate
(variable)		Product
fee		Application
fee		Min loan sizeMax loan sizeOver paymentsERCLTV
3 year discounted rate3.24%5.49%Up to £1.5m 1%
over £1.5m 0.5%		£95£200k£800k10%3% for three yearsUp to 75%*
2 year fixed rate3.39%5.49%As above£295£200k£800k10%3% for two yearsUp to 75%*
5 year fixed rate3.89%5.49%As above£295£200k£800k5%3% for four years, then 1% in the fifth yearUp to 75%*

Complex

Product
details		Initial
rate		Follow on
rate
(variable)		Product
fee		Application
fee		Min loan sizeMax loan sizeOver paymentsERCLTV
3 year discounted rate 3.74%5.49%Up to £1.5m 1%
over £1.5m 0.5%		£95£200k£2m10%3% for three yearsUp to 75%*
2 year fixed rate 3.89%5.49%As above£295£200k£2m10%3% for two yearsUp to 75%*
5 year fixed rate 4.39%5.49%As above£295£200k£2m5%3% for four years, then 1% in the fifth yearUp to 75%*

*Some property types and loan sizes may be restricted to a lower LTV.

If your case is over £2m or doesn’t meet our simple or complex criteria,
please get in touch as we can provide bespoke solutions tailored to your clients’ circumstances.

Which product is right for my client?

To find out if your client qualifies for our simple or complex products, please check the criteria listed here

Simple criteria

Our simple products are suitable for expat clients who meet the following criteria:

  • Applicant is employed or a contractor with three years’ trading on a single contract
  • Applicant is paid in a single currency in addition to GBP
  • The security is a house and a single title unit property
  • The property has no planning restrictions and is only in need of light refurbishment

Complex criteria

Our complex products cater for a variety of scenarios including:

  • Employed expats paid in multiple currencies
  • Self-employed expats
  • Joint borrower sole proprietor
  • Applicants with gifted deposits
  • Unusual property types, including
    • Listed buildings
    • Large acreage
    • Annexes
    • Multi-units
    • More than one title to charge
    • Flats
  • The property consists of multiple titles
  • The property is in need of larger-scale refurbishment
  • Client requires a buy to let product for a loan of more than £800k

Standard expat lending criteria

Our standard criteria that applies to all expat products is shown below:

We’re always happy to chat through individual cases,
so if you have any questions or want to check if we can consider your case,
please give your nearest Specialist Lending Manager a call.

Experience our first-class service

Each case individually assessed

We manually underwrite with no income multiple limit or credit scoring

Easy-access support

Your Specialist Lending Manager is available over the phone or via Zoom to help with new cases and keep things running smoothly

Strong commitment

A firm decision for your case will be provided by our daily Credit Committee

Prompt checks

Our case managers will notify you if any information or documents are missing

Personal service throughout

Your named underwriter will provide case updates and will be happy to help with any queries

Don’t take our word for it

We’re delighted that almost all intermediaries who review us on feefo give us a five-star rating, the highest possible score.
Here are some the things they say about us:

If you’ve got an expat case, one of our Specialist Lending Managers can provide a quick overview of how we can help.

We’re here to help

We’re here to help if you have any questions and are happy to chat through individual cases. All you have to do is pick up the phone to one of our Specialist Lending Managers.

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