z-kolkiemz-kolkiem

The overseas demand for UK property

Andrew Bates explains some of the many reasons why UK property is in high demand, but also highlights some of the hurdles for UK nationals living abroad.
Share on facebook
Share on linkedin
Share on twitter
Share on email
Published 25 June
3 mins

You don’t have to be resident in the UK, or even a UK national, to buy property in the UK. Find out some of the reasons and challenges that expatriates face when acquiring a property – be it a family home or an investment.

You can borrow against a UK, Isle of Man or Channel Island-based residence, be it your own home or an investment property. We also lend against investment portfolios, and loans can be denominated in Sterling, Euros or US Dollars.

 

To find out more about Nedbank Private Wealth’s bespoke lending services, please contact your private banker directly or call our client services team on +44 (0)1624 645000. Or you can get in touch using the links to the forms towards the end of this page.

Your home is at risk if you do not keep up repayments on a mortgage or any other loan secured against it. Nedbank Private Wealth does not provide tax advice, and instead works with tax advisers to ensure clients receive the appropriate advice.

about the author

Andrew Bates

Andrew Bates

Andrew has over 27 years’ banking experience and joined us from Lloyds TSB in Miami where he was responsible for providing banking and investment services to clients in Latin America and the Caribbean. He initially joined the bank’s Isle of Man office in 2004, and following secondments in the South Africa and London offices, he moved to the UAE in 2013.

 

Based in Dubai, Andrew is primarily responsible for the bank's international growth in both the private client and intermediary sectors in the Middle East. He is a Chartered Member of the Chartered Institute for Securities & Investment and recently graduated from the London Business School with an Executive MBA. Andrew also has full STEP membership, qualifying him as a Trust and Estate Practitioner.

Access more of our insights

Expatriate living

Why retirement planning is always important

30 Aug

   |   4 mins

Karen Bennett explains why planning for retirement is always important – even if you’re an expat – how you can start to think through the decisions and why starting early brings benefits.

Money management

An update on one of life's certainties: questions answered on UK property tax

4 Dec

   |   14 mins

Rachel de Souza of RSM and our own Colin Campbell and John Williams answer client questions on recent UK property tax changes and how these might be mitigated in this Q&A.

Money management

An update on one of life's certainties. What is happening to UK property tax?

26 Nov

   |   45 mins

Rachel de Souza of RSM joined Colin Campbell and John Williams to discuss UK property tax changes, how these might be mitigated and answered our audience's questions in a 45 minute webinar.

Money management

Remember, remember… on 5 November 2020: 12 questions answered on the London property market

12 Nov

   |   15 mins

Following the 5 November webinar, we've collated the answers from 12 of the questions asked during the session to the three experts who cover the London residential property market.

Get in touch

If you are interested in becoming a client, please complete the form via the ‘become a client’ button below. Alternatively, if you are already a client, or if you have a question about how we help clients in particular circumstances, please use the ‘contact us’ button.


We will get back to you as soon as we can during office hours, which are Monday to Friday, 8am to 8pm (UK time), except for UK public holidays.

Become a Client

Thank you for your interest in Nedbank Private Wealth. Please call us on +44 (0)1624 645000 or complete the requested information and one of our team will get back to you soon. We look forward to speaking with you.  Please note: If you are an EU resident, we are unfortunately unable to offer our services to you at present.

* Required fields

Contact Us

Please call us today on +44 (0)1624 645000. Our office hours are weekdays from 8am to 8pm (UK time), except for UK public holidays.

 

Or please complete and submit the below form and one of the team will get back to you as requested.

* Required fields

Search suggestions