Expat mortgage calculator

UK property from
wherever you are.

Living abroad does not prevent you from getting a UK mortgage — but lenders are fewer and the criteria are different. Enter your overseas income and see what you could borrow, in your currency.

Based in Spain?  Lawes Financial works with Duende by Lawes  — the Costa del Sol property concierge.
△  Living abroad does not prevent a UK mortgage
△  Specialist expat lenders — not on comparison sites
△  EUR · USD · AED · SGD income accepted
△  25% deposit typically required for expats
△  Maintain a UK credit file while living abroad
△  Based between London and the Costa del Sol
△  FCA regulated · Whole-of-market · Independent
△  Living abroad does not prevent a UK mortgage
△  Specialist expat lenders — not on comparison sites
△  EUR · USD · AED · SGD income accepted
△  25% deposit typically required for expats
△  Maintain a UK credit file while living abroad
△  Based between London and the Costa del Sol
△  FCA regulated · Whole-of-market · Independent
Foreign currency income Specialist expat lenders Residential & investment London & Costa del Sol based
Expat affordability

Enter your income
in any currency

Select the currency you are paid in below. The calculator converts to GBP using the rate you enter — lenders will apply their own rate at the time of application, so treat this as a guide.

Income currency
1 EUR = GBP
Purchase type
Country of residence
Where you currently live — affects lender availability
Your income
Your annual income
Enter in EUR — GBP equivalent shown in results
€
10k500k
Partner income (if applicable)
Leave at zero for single applicant
€
0300k
Employment type
Affects which lenders will consider your application
Property details
Property value
Estimated value of UK property you wish to purchase
£
£75k£2m
Mortgage interest rate
Expat rates are typically 0.5–1% higher than resident rates
%
2%10%
Mortgage term
Expat mortgages available up to 25 years typically
years
5 yrs30 yrs
Estimated borrowing (GBP)
Maximum loan (4× GBP income)
£240,640
GBP income equivalent
£60,200
Deposit required (25%)
£100,000
Loan-to-value
75%
Property affordable at
£340,640
Estimated monthly payment
£1,408
Based on a repayment mortgage at the rate entered over the full term
Expat eligibility notes
EU residency — good lender access. Several specialist expat lenders active in this region.
Maximum LTV 75–80% — expat mortgages typically require a minimum 20–25% deposit regardless of income.
Income multiple — lenders typically apply 4–4.5× of GBP-equivalent income. Foreign currency income is haircut by some lenders.
UK credit history — lenders require an active UK credit history. No UK credit file significantly reduces lender options.
How expat mortgages work

What makes expat lending
different

Income assessment
Foreign currency income is assessed in GBP
Lenders convert your overseas income to sterling at their own rate — typically a conservative rate with a haircut applied. Some lenders accept all major currencies; others restrict to GBP, EUR, USD, and AED. Nathan knows which lenders are flexible and how to present your income correctly.
Deposit requirements
25% deposit is the typical minimum for expats
Most expat lenders cap lending at 75% LTV. Some will stretch to 80% for strong applications with permanent employment and a solid UK credit profile. The higher deposit requirement is the biggest practical difference from resident lending.
UK credit history
An active UK credit file is essential
Lenders need to credit-check you against UK databases. If you have no UK credit file — no UK bank account, no UK financial product — your options become extremely limited. Maintaining a UK credit card or bank account while living abroad makes a significant difference.
Costa del Sol

Already found a property
in Spain?

Lawes Financial works alongside Duende by Lawes — a concierge service for UK nationals buying and settling into property on the Costa del Sol. If you need both a Spanish property search and a UK mortgage, we can help with both.

Discover Duende by Lawes

Nathan splits his time between London and Casares on the Costa del Sol. He understands the expat experience, the Spanish property market, and the UK mortgage process better than most.

Whether you need a UK investment mortgage, a residential loan to fund a purchase back home, or help navigating income from multiple countries — this is what we do.

Ready to explore
your options?

Expat mortgage cases require specialist knowledge and the right lenders. Speak with Nathan directly — he has placed mortgages for UK nationals across Europe, the Middle East, and beyond.

Speak with Nathan Expat mortgages

FCA regulated · Whole-of-market · Independent advice