When purchasing a UK property, the mortgage application is usually processed through some banks or agents, which makes the process complicated. PropCap provides a one-stop mortgage application for UK properties, fully assisted and handled by our local team based in Hong Kong. UK regions currently accepted for applications are: Buy-to-Live or Buy-to-let Properties from London, Birmingham and Manchester.
UK Property Mortgage Plan
This product mainly supports clients in mortgage applications in Hong Kong when they are purchasing UK properties.
- Accept Buy-to-Live or Buy-to-Let Mortgage
- Accept residential properties in London, Birmingham and Manchester
- Mortgage for property valued at a minimum of GBP 100,000 (negotiable)
- Accept Leasehold and Freehold properties
- Interest only
- Offer currency options for choosing to borrow and repay, including GBP, HKD or USD, etc.
- No penalties for early repayment
|Property Region(s)||London, Birmingham and Manchester|
|Property Type(s)||Residential properties|
|Interest Rates||As low as 6%(depend on application review)|
|Loan Amount||Minimum GBP 100,000|
|Tenure||Minimum 2 years|
|Schedule||Every 6 months|
|Platform Usage Fee||2% of the loan amount|
|Borrower Nationality Requirement||Non-UK Residents|
|Commercial Lending||Companies in Hong Kong and Japan|
|Types of ownership||Freehold and Leasehold|
|ID card and Current Passport|
|Bank statements for the past 3 months|
|Proof of income|
|For newly-built properties, CML Disclosure of Incentives Form (or reservation form/copy of contract)|