Case Study – Navigating Mortgage Approval From Afar

Navigating Mortgage Approval From Afar

Seafarer Mortgage Case Study

This is a great case study on how Liquid Expat Mortgages helped a cruise ship purser secure a UK mortgage for a 2-bed apartment in Surrey.

The scenario.
Sarah T, a cruise ship purser divided her summer months working in in the Mediterranean and the winter months working in the Caribbean. This meant she faced hurdles securing a mortgage due to her constant travels and payments in a foreign currency. Traditional lenders hesitated, deeming her a high-risk borrower. She was referred to Liquid Expat Mortgages by a colleague we’d helped the year before.

Here’s how it worked.
As we have the largest panel of lenders for UK mortgages, we were able to identify a lender specialising in expat mortgages whilst taking into consideration both her offshore employment and foreign income. By supporting Sarah T throughout the process – even though she was abroad working, we were able to maintain the momentum with the would-be lender and we were able to present a comprehensive financial picture.

Our expertise and knowledge meant Sarah T successfully obtained a mortgage tailored to her unique situation. She was able to buy her 2-bed apartment in Redhill Surrey which gave her a great base as she could easily access Gatwick Airport to allow her to fly off to work commitments.

Seafarer Mortgage Solutions

No mater where you are currently living or working around the world, Liquid Expat Mortgages can help you get a Seafarer Mortgage in the United Kingdom. Contact us now for a free quote.

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