Offshore Purchases in the UK
Your home may be repossessed if you do not keep up repayments on your mortgage.
Offshore mortgages can seem highly complexed and extremely time consuming. Quite often this is indeed the case, however they do have added benefit of tax advantages in specific situations and the ability to use worldwide income. Our advisers aim to take the time consuming nature and complexity out of these transactions giving you the peace of mind that it is in good hands.
You may be a UK citizen or foreign national wishing to purchase or remortgage in the UK using offshore income. We are able to assist in arranging this finance using our contacts to secure a competitive rate and help you every step of the way.
- You could benefit from an offshore mortgage if you are:
- UK resident and UK domiciled with money deposits abroad
- UK resident but non UK domiciled
- UK resident but non UK ordinarily resident for tax purposes
- Non UK resident but UK domiciled
- Non UK resident and Non UK domiciled
The lenders we broker offshore mortgages through are able to provide loans in numerous denominated currencies, depending on your requirements, and also to take advantage of global interest rate differentials. We would only recommend this course of action if you are experienced in utilising such interest rate differentials, due to currency risks.
Your home may be repossessed if you do not keep up repayments on your mortgage..
HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen. It is important to seek professional advice in regards to your tax situation for such purchases. We have a number of accountants we would be happy to recommend should you request this advice.