I am currently working in NZ and have been doing so for the past 2 years. I have saved up some money and have enough for a house deposit now. My sister and her husband will be moving from their house in the UK sometime in the next year and i am eyeing it up as an investment potential on a buy-to-let type arrangement.
My question is will i be able to take out a mortgage in the UK to buy this property if i am earning my money abroad? I am in NZ on a working visa and will probably be here for a year or two more before returning to the UK.
I plan to have tenants to raise the majority of the mortgage but am also earning very well over here with low overheads so could easily afford repayments whatever the situation.
Thanks for advice/tips :)
My question is will i be able to take out a mortgage in the UK to buy this property if i am earning my money abroad? I am in NZ on a working visa and will probably be here for a year or two more before returning to the UK.
I plan to have tenants to raise the majority of the mortgage but am also earning very well over here with low overheads so could easily afford repayments whatever the situation.
Thanks for advice/tips :)