My feed
Premium

Please
or
to access all these features

Whether you're considering emigrating or an expat abroad, you'll find likeminds on this forum.

Living overseas

Logistics of buying UK property from abroad

0 replies

Travelsweat · 26/02/2024 14:32

DH and I live in abroad, and we are thinking that we might like to buy a small place in London to use when we go back to the UK for family visits (and also potentially for children to use if they go to London-based univeristy). We don’t know where to begin exploring the logistics of something like this, though. We’d ideally like for the property to be completely managed by a company as a short term let so that we can use it for our own holidays. We’e not so concerned about turning a profit, we would be happy to just break even to have a London bolthole which might appreciate over time. Is this realistic? And is a BTL mortgage something that would even be available to us, given our situation? Our tax residency is still in the UK despite the fact that we live abroad (which I realise is unusual). Would this affect what sort of mortgage products we might be eligible for?

Any steer on where to begin doing research for something like this would be gratefully received.

OP posts:
Report
Please create an account

To comment on this thread you need to create a Mumsnet account.