Relocating to the UK?
Mortgages and loans for property purchases for individuals relocating to the UK
Relocating can be an exciting adventure, but it can also be demanding. Whether you are relocating with your family or not, there are so many things to think about.
It can be hard to find the exact accommodation that you want in the UK. The property markets around the major cities are highly competitive, and you should give yourself as much time as possible to research what is available through local real-estate agents.
On the other hand, if you want to buy property in the UK, our mortgage specialists can offer you a wide range of mortgage choices for property buying. We can help find the right mortgage for your circumstances, whether it's interest-only, repayment, onshore or offshore, or in a choice of currencies.
You might also want to consider a loan that is raised against the value of long-term savings and investments you hold with us. That way you can finance your property purchase and leave your investment plans undisturbed. Naturally, security over your savings and investments will be required.
Apply for a Barclays Wealth International bank account.
You can also call us on +44 (0)141 352 3986†, or use our call back service.
Make your UK relocation as easy as possible
To make life as easy as possible, you can open an account without needing to establish a financial footprint in the UK first. Normally you would be expected to provide UK utility bills and proof of address. However, we only require proof of identity (your passport) with confirmation of your overseas address.
During your stay, if you have complex financial needs, we can arrange for a Relationship Manager to get to know you and be able to offer a pro-active banking service. The service is aimed at clients with balances of £50,000 or more (or currency equivalent) to place with Barclays Wealth International, or for clients who have come to live in or are moving to the UK, an annual individual gross income of £100,000 or more to mandate to a Barclays Wealth International account.
UK relocation and tax
The taxes you pay can have a significant effect on your personal budget. The rules governing UK tax liabilities for UK resident non-domiciled individuals changed recently. Although we can't provide you with tax advice, we can introduce you to our preferred partner, leading financial services firm, Ernst & Young, who can provide you with professional advice on tax issues, and help you to avoid potential pitfalls and to benefit from any tax breaks you may be entitled to.
Apply for a Barclays Wealth International bank account.
You can also call us on +44 (0)141 352 3986†, or use our call back service.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
If your loan is denominated in a currency other than sterling CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.
Terms and conditions apply to all mortgage products. We strongly recommend that you obtain your own independent tax advice before proceeding with an offshore mortgage.
Barclays Wealth will require a first charge over the property.
Barclays Wealth is a responsible lender and when considering your application for borrowing, your financial circumstances will be appraised. Remember should you run into difficulties please contact us immediately.
You have sole responsibility for the management of your tax and legal affairs, including making any applicable filings and payments and complying with any applicable laws and regulations. We have not provided and will not provide you with tax or legal advice and recommend that you obtain your own independent tax and legal advice tailored to your individual circumstances.
† Lines are open 7am to 8pm weekdays and 8am to 5pm weekends and UK bank holidays, local time. Call charges may vary. Please check with your local telecoms provider. Calls may be recorded for training and security purposes.
The products and services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Bank PLC in England and Wales, Barclays Private Clients International (Gibraltar) Limited in Gibraltar and Barclays Private Clients International Limited in the Isle of Man, Jersey and Guernsey. For further information on these companies and Barclays Wealth please read the Important Information.
Products and services on this site may not be available in certain jurisdictions. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.
