Is there a maximum number of properties I can have mortgages on in the UK as an Expat ?
The simply answer to this is NO, there is no maximum, there are some lenders that are called ‘Portfolio’ Specialist Lenders, so they can take multiple properties that are mortgaged and provide an all in one solution. Usually they will have a max lend possible like £2M-£3M
However other lenders will also permit this so if your portfolio is larger than £2M-£3M then using multiple Portfolio lenders is the way to go.
Obviously the more you borrow the more risk the bank takes so by having multiple lenders you spread the risk and can usually then get a solution to fit.
Simon Murphy is an International Mortgage Broker who resides between Spain | Ireland | UK
Having been in finance for over 17 years & as a Qualified & FCA Regulated UK mortgage professional he can give expert mortgage advice to Expats Worldwide, UK residents & those considering buying abroad with a foreign currency mortgage.
Thanks for your help and dedication in securing my mortgage. Especially since Id changed my job role recently, without your intervention I may have lost the property! At last I’m packing boxes..
Mrs A (South West), Home Mover