by admin | Nov 27, 2025 | credit footprint, Expat mortgages, Mortgage rates, Re-mortgage, Releasing cash, Switch mortgages, UK mortgage
Autumn 25 Budget – Blunders, Blasting & Big Shake up!
The OBR blundered the releasing of their market report prior to the Budget Speech, the opposition Blasted the leak and maybe lastly the budget announcement was a Big shake up to the tax system, much of which affects homeowners and landlords.. or something in that order !
The 2025 Autumn Budget 2025 delivered by Rachel Reeves brings some tax-hikes on property income: from April 2027, property (rental) income tax rates rise by 2 percentage points — meaning basic, higher and additional rates move to 22 %, 42 % and 47 % respectively.
For high-value homeowners and investors, a new “mansion tax” (a high-value council-tax surcharge) is to be introduced from April 2028 on properties valued over £2 million.
Sigh of Relief…
The Budget did not add National Insurance on rental income — a relief — yet the higher tax rates on property, savings and dividends altogether weigh more heavily on passive (non-salary) income.
For expat investors or non-UK residents owning UK property, these tax changes make structuring and planning more critical (e.g. via ltd company structuring ) to enhance or maintain profitability.
For an independent viewpoint and 3 key take aways from the Budget here is a great video from Property Hub guys Rob & Rob who we love to listen to!
- Increased property-income tax rates
- Need for smarter structuring for expat investors
- Cash-flow & exit-strategy focus becomes more critical
2025 Budget – A Round Up
Moving Properties Personal Name to Ltd co ?
The Budget 2025 shook the market — higher taxes, tighter yields, and growing pressure on landlords. If you own UK property personally, now’s the moment many investors are asking: is it time to switch to a Ltd company? Watch the following video as we break down what’s changing and why your structure matters.”
Three key takeaways relevant to UK landlords and overseas/ex-pat investors:
- Rental-income tax squeeze is real — The video highlights that recent and upcoming tax changes are biting hard into profit margins, especially for higher-rate taxpayers.
- Company ownership increasingly attractive — With personal tax becoming tougher, holding property via a company appears more appealing: lower corporation tax on rental profits and the ability to deduct full mortgage interest. This could improve net yield for landlords and expat investors.
- Up-front costs & structure planning matter — The shift isn’t cost-free: transferring properties into a company can trigger SDLT (and possibly CGT), plus mortgage refinancing and legal/admin fees. For expat investors doing BTLs via Ltd Co — the long-term tax savings need to be weighed against these one-off costs.
There is one commonly discussed exception: if a property portfolio is held in a genuine business partnership (not just passive ownership) and that entire portfolio is transferred to a newly formed limited company — under certain conditions this qualifies for Incorporation Relief, which can defer or even eliminate both SDLT and CGT on transfer.
Book a call to discuss how we help with financing this scenario >> Here
Potentially Reduce Tax to Zero
Market Updates
Next Steps…
Book a Free Discovery call here & if your not sure what a discovery call is all about Ive made a series of videos on what to expect here.
A Great way to get frequent updates, hints & tips and insider industry knowledge of the complex / expat mortgage market is to join our YouTube channel here.
Our Quick 60sec Quote page allows you to obtain the latest rates to be expected and you can request a specific quote by sending an email to info@mymotgagedeal.co.uk
by admin | Nov 12, 2025 | credit footprint, credit reference, Expat mortgages, Mortgage rates, Releasing cash, Switch mortgages, UK mortgage
Credit Blips ! Is the Mortgage a No Go?
Welcome to a further edition of INSIGHTS a newsletter covering aspects of UK mortgages for clients with complex circumstances.
Mortgage lenders are becoming more tolerant of minor issues, and especially where plausible explanations are provided. However if you have a low or no score then there are some things you can do to improve your credit file in the UK if your overseas or not.
In the following we explore:
- Three credit ref agencies
- How to address any blips
- Why small credit facilities can help
Insight -Some lenders accept a low score or they dont use machine credit ratings, rather they have manual credit file via underwriter checks.
Here’s a case study – 2 min video YouTube below:
Improve your Credit file
What if you don’t have any credit file in the UK?
There are some lenders who will permit no credit rating in the UK, provided they have visibility in country of residence or if they can establish a previous UK credit footprint ( which is slight different to a score)
Case Study –
Mr Spears – UK Expat in UAE – had been outside UK for over 10 years so no credit footprint or Score in the UK, he did though have a good credit score in UAE and he was earning over £150K GBP along with wife (Non UK national) .
Property Value £500K Mortgage Needed £375K
Deal Sourced – £375K on 20 Yr term Capital & Interest
4.5% 5 yr fxed
Monthly Cost:£2,374 pcm
Market Updates
- House Price Data released for October and is showing a slight rise month on month Annual house price growth edges higher in October
- The Autumn budget is 2 weeks away, and some landlords are holding their breath.. as extra taxes on Landlords is being seen as likely – but should Landlords be quick to panic or leave the market – here’s the view from one expert
- If you’re an aspiring Landlord then this report might make your ears pick up with rent yields reaching their highest in a decade! read here
Next Steps…
Book a Free Discovery call here & if your not sure what a discovery call is all about Ive made a series of videos on what to expect here.
A Great way to get frequent updates, hints & tips and insider industry knowledge of the complex / expat mortgage market is to join our YouTube channel here.
Our Quick 60sec Quote page allows you to obtain the latest rates to be expected and you can request a specific quote by sending an email to info@mymotgagedeal.co.uk
by admin | May 29, 2019 | credit footprint, credit reference, Expat mortgages, Re-mortgage, UK property
Switching mortgages as an Expat
This is not a surprising issue that many Expats face. Unaware of the consequences, expats may be speaking to their bank and alert them that they reside overseas, suddenly the bank changes the address and the mortgage dept then are alerted to a property that is either empty, occupied by family or tenanted.. This could be a breach of mortgage terms if the property is being let out without consent. What then happens?
The correct process is to alert your mortgage provider that you plan to leave to be an expat. If this is a temporary arrangement, some lenders may be comfortable with the mortgage remaining as is. If you plan to let the property, then getting a form filled from the bank called a ‘consent to let’ would be required, the bank may have the right to apply a loading to your existing rate of around 0.5 -2% so your payments may increase.
If you have not done the above and you don’t plan to return anytime soon, then sourcing an expat BTL remortgage will be essential. This takes the worry out of what your lender might do, and if you want a better rate than the ‘loaded’ consent to let deal, then an Expat mortgage could save funds in the long run.
Switching mortgages as an Expat
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.
Testimonial
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
MY MORTGAGE DEAL
0044 (0) 7456 727 626
INFO@MYMORTGAGEDEAL.CO.UK
by admin | May 23, 2019 | credit footprint, credit reference, Expat mortgages, Re-mortgage, UK property
Remortgages for Expats
The simple answer is yes.. However there are very few lenders who will permit this, and most are not your usual high street banks, that’s why you may find it difficult to obtain with normal search software or standard mortgage brokers.
Additionally some lenders that accept expat mortgages, only work with Specialist Mortgage Brokers, because more skilled advice is required. So even if you found a bank that does it, they may not permit you to apply, unless you use a mortgage broker.
A good example of this type of lender is Vida .. Vida ‘who’ you say !.. Vida are a specialist lender and only work with more skilled mortgage brokers. Vida don’t have any branches and everything is handled online including Expat mortgages.
So the good news is Expats have more options to remortgage than compared to a few years back, but it is recommended to use a mortgage broker skilled in aspects of Offshore | Foreign Income and Expat borrowing – Happy to assist any enquiries www.mymortgagedeal.co.uk/expats 0044 7456 727 626
Remortgages for Expats
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.
Testimonial
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
MY MORTGAGE DEAL
0044 (0) 7456 727 626
INFO@MYMORTGAGEDEAL.CO.UK
by admin | May 13, 2019 | credit footprint, credit reference, Expat mortgages, Re-mortgage, UK property
I’ve not lived in the UK for 20+ years, is it really possible to get a UK mortgage, especially when I have no credit footprint ?
UK Mortgage Without A Credit Footprint
A common question from the worldwide expat community. If you went back 7-8 years ago, there would be no lender permitting this scenario. However UK lenders are fighting for business, and many Expats are financial stable, and are seen as a worldly wise and savvy group to explore.
At the outset most expat lenders want the borrower to either own already a UK property or have a credit footprint. However there are a number of bespoke lenders who don’t need either.
So in effect they will permit a First-Time Buyer, Expat with No Credit footprint in the UK, additionally, if a UK bank account is required, we can advise on some of the mobile app banks that can be opened in minutes from worldwide locations, that will start to create a credit footprint.
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.
Testimonial
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
MY MORTGAGE DEAL
0044 (0) 7456 727 626
INFO@MYMORTGAGEDEAL.CO.UK
