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
Program Details
| 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 |
|
Early Repayment |
No penalties |
Documents Required
| 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) |
| Address proof |
