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UK Mortgage Advisers & Brokers for Expats in Saudi Arabia
UK mortgages for expats living in Saudi Arabia
Working in Riyadh, Jeddah or the Eastern Province and looking at UK property? We are specialist UK mortgage advisers and brokers helping Saudi-based expats buy, remortgage and refinance in the UK.
- Income in riyals (SAR) considered
- Purchases, remortgages and buy-to-let
- Handled remotely in your time zone
Why expats in Saudi Arabia use a specialist broker
Many UK high street lenders decline applicants living overseas or offer them only limited products. We search the wider market, including specialist and private banks, to find lenders that accept residents of Saudi Arabia.
Riyal income accepted
The Saudi riyal is pegged to the US dollar, and a number of UK lenders accept SAR income, sometimes with a small currency adjustment.
Project and contract roles understood
Many expats in Saudi Arabia work on large infrastructure, energy and development projects on fixed-term contracts. We know which lenders are comfortable with contract employment.
Tax-free packages presented properly
Employment income for expats in Saudi Arabia is generally not subject to personal income tax. We present your full package clearly to lenders.
What we can help with
Buying a UK home or investment property, remortgaging to a better rate, releasing equity, switching a former home to buy-to-let, or buying through a UK limited company. All arranged remotely while you live in Saudi Arabia.
How it works
A straightforward process from first conversation to completion.
Initial consultation
A free call to understand your plans, residency, income and the property.
Market research
We identify suitable lenders and explain the options, costs and trade-offs.
Decision in Principle
We obtain a Decision in Principle (DIP) from the lender, usually within 24 to 48 hours, so you know where you stand.
Application
We prepare and submit your application and manage the lender on your behalf.
Offer to completion
We liaise with solicitors and valuers until your mortgage completes.
UK mortgage questions from expats in Saudi Arabia
Answers to the questions we are asked most often.
Can I get a UK mortgage while working in Saudi Arabia?
Yes. A number of UK lenders accept applicants resident in Saudi Arabia. Lender appetite varies by country, so using a broker who knows which lenders accept Saudi residents saves time and declined applications.
I am on a fixed-term contract. Can I still borrow?
Often, yes. Some lenders want a minimum time in your current role or a track record of contract renewals. We match you to lenders whose criteria fit your contract.
Can I remortgage my UK home while living in Saudi Arabia?
Yes. You can remortgage to a better rate or release equity, and many expats also switch their former home to buy-to-let while they are away.
How much deposit will I need?
For expats and foreign nationals, lenders usually require a deposit of between 25% and 30% of the purchase price, depending on the lender, your residency, income and the type of property.
Speak to a UK expat mortgage adviser
Tell us a little about what you are looking to do and we will be in touch to arrange a free, no-obligation consultation.
Email: john.florey@opesfp.com