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Non-resident mortgages

Non-resident mortgages are available for individuals living outside the UK who want to purchase a UK property. Mortgage lenders attach a higher risk factor to these transactions by virtue of the borrower living outside the UK.

Mortgages for Australian residents

Australian residents looking to purchase property in the UK and arrange mortgage finance have often been surprised at how difficult this is to accomplish.

The reason for the impracticability is the Corporations Act 2001. This piece of Australian legislation is thousands of pages long and, amongst other things, creates barriers for UK and international banks lending to Australian residents.

The legislation affects all Australian residents - whether or not they are currently Australian nationals. The result is that most UK and Channel Island banks are simply unable to offer a mortgage secured on UK property to Australian residents.

We’ve been working on a solution to this problem for many years and we now have access to a growing list of lenders willing to offer favourable rates to Australian residents interested in London property.

Mortgages for South African residents

What we need to know to so that we can place and recommend the best mortgage:

  1. Your income and tax position in your country of residence
  2. A detailed understanding of your personal assets and liabilities in your home country and globally

We will allocate a mortgage adviser to you to conduct research. They will establish the relevant factors and determine a set of search criteria with you. Following this, they will search the market to find you the best mortgage for your circumstances.

It’s important to note that non-resident lenders are required to lend in the absence of a credit score or credit search. As such, they lend on the basis of the documentation available.

In most cases, lenders require tax returns from the country of residence to prove income and also require that any business accounts or personal asset statements are verified by a local accountant. The accountant will need to be from one of the big four accounting firms or from a local accounting firm that is part of a global alliance. These lenders do not accept any accounts or income proofs from accountants who fall outside of these criteria.

The advice that you receive

We will prepare an analysis of your mortgage options, these may include multiple scenarios. In all cases, you will get to see the best in market options in the variable and fixed mortgage duration ranges.

The report provides a reference so that we can further advise you on your options. Once a decision is made on the best option for your circumstances, we will then send you a detailed key facts document for that particular mortgage product, as well as a suitability report setting out the rationale for our advice.

View an example of one of our client reports.

Our fees

For non-resident mortgages, we charge a non-standard research fee of £375. This includes completing a fact-find for you and researching your case with all the lenders. If we find that it is not possible to proceed with your case at the outset, we won’t progress to research and will not charge you any fees.

Please note: In some cases we can only identify if you qualify by doing the research; in these cases, a fee will be charged regardless of outcome.

Upon your application for the mortgage (i.e. after a property has been found), we will charge an application handling fee of £200. This is payable regardless of the outcome of the application.

South Africa

Cape Town

Regent Square
Doncaster Road
Kenilworth 7708 +27 (0) 21 657 2120


25 Richefond Circle
Umhlanga 4320 +27 (0) 31 536 8843

United Kingdom


Castlewood House
77/91 New Oxford Street
WC1A 1DG +44 (0) 20 7759 7514


5-7 Selsdon Road
South Croydon
CR2 6PU +44 (0) 20 7759 7581



9 Yarra Street
South Yarra
VIC 3141 +613 (0) 8651 4500

Sable International is a trading name of 1st Contact Money Limited (company number 07070528), registered in England and Wales. We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (1st Contact Money [PTY] Ltd - FSP no. 41900) and hold an Australian Financial Services License issued by ASIC to deal in foreign exchange (1st Contact Group - AFS License number 335 126).

Our United Kingdom business, Sable Private Wealth Management Ltd, is authorised and regulated by the Financial Conduct Authority. Our Companies House registration number is 222501. Our authorisation can be checked on the FCA register here: Our South African business, Sable Private Wealth (Pty) Ltd, is an authorised FSP, regulated by the Financial Services Conduct Authority under licence number 48122.

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