UK student mortgages for international students

Mortgages from Barclays Wealth International for international students looking to buy UK property

Deciding to study in the UK is a great choice. UK qualifications are respected around the world and can provide a solid foundation on which to achieve a successful career and a rewarding salary.

If you're an International Student looking for a UK student mortgage, our international mortgage advisers offer expert advice to help your parents buy a property and set you up in the UK. Our extensive range of onshore and offshore mortgage loans means we're likely to have one which will meet your needs.

Whether you're looking to invest in a UK property, re-mortgaging or even releasing equity from an existing UK property, we offer a wide choice of interest rates and repayment structures. We can arrange international student mortgages with good loan to value ratios and at reasonable fees, and offer a choice of variable rate mortgages or fixed rate mortgages.

Subject to availability, mortgages can be offered in a range of currencies other than sterling, including US dollars, euros and other major foreign currencies.

iBank Student - the ideal banking option

When you arrive to study in the UK, you'll be too busy settling into your new course and new way of life to worry about how to manage your money. That's where iBank Student can help.

It's an international banking service that's specifically designed to meet your needs and help you through your years of study in the UK. It offers you:

• Easy day-to-day banking
• A Visa debit Connect card
• International Telephone and Online Banking
• Commission free foreign currency and travellers cheques
• International payments service
• Short to medium-term savings accounts
• Mortgage services

...all for just £5 a month (US$8.50 or €7.50). To qualify, you need a minimum opening balance of £1,000 (or currency equivalent) and acceptance into a recognised course at a recognised institution in the UK for a minimum of nine months, studying full or part-time*.

To discuss your student mortgage requirements, call us now on +44 (0)1624 684 305^† or click the link below and we'll arrange to call you back at a convenient time.

International student mortgage options

You and your parents have a wealth of mortgage options available to you as overseas buyers coming to the UK. These include:

• Offshore mortgages
• Sterling mortgages
• Non-sterling mortgages

Offshore mortgages

Offshore mortgages are interest-only mortgages taken out or based in the Isle of Man, an offshore banking jurisdiction. They are available in sterling or a choice of other major currencies and allow you to pay the mortgage interest with your offshore income, which could be a tax-efficient way to buy a property in the UK.

Onshore sterling mortgages

These are basically the mortgages available to everyone in the UK. They can be used to buy a new property, remortgage an existing property, for equity release or to buy an investment/buy to let property. Choose from a tracker or fixed-rate mortgage with the option to take a repayment or interest-only loan.

Non-sterling mortgages

We also offer onshore mortgages for UK properties in currencies other than sterling. When you take out a mortgage in the currency you hold, or are paid in, you avoid currency conversion costs, and without currency fluctuations to worry about you can have the certainty of knowing exactly what your mortgage payments are each month. Subject to availability, Barclays Wealth International can offer you a mortgage in US dollars, euros, Swiss francs, Japanese yen and Hong Kong dollars.

Whichever option you choose, we're likely to have a mortgage that will suit your needs. Contact our specialist international mortgage advisers for more information on your options.

Buying in the UK from abroad

Barclays Wealth International offers an international mortgage service for non-UK residents and nationals of other countries wishing to buy property in the UK. We can help you find the mortgage that's right for you and assist you as you plan your move.

Our expert advisers will give you a free consultation on financing your property purchase. We'll also:

• Talk you through the process of buying a house in the UK
• Help you select a mortgage that's right for your needs
• Work out how much you can borrow, and explore your mortgage repayment choices
• Help you with the paperwork involved in taking out a mortgage.

Contact one of our specialist international mortgage advisers on +44 (0)1624 684 305^†

Investing in UK property

It often makes financial sense for non-UK residents or foreign nationals to invest in a UK property while they or their children are studying in the UK. What many overseas students or their families need to make this investment decision a reality is a mortgage to finance the property purchase. Barclays Wealth International can provide these mortgages, subject to status.

We offer:

• Terms of up to 30 years
• Fixed or variable rates
• Interest-only loans available
• Tiered loan to values of up to 95%
• The potential to offshore your UK mortgage for tax-efficiency

Barclays Wealth International offers a choice of different mortgages, so you can be sure to find one that suits your circumstances and needs.

Foreign student mortgage helpline

Specialist advisers manning our mortgage helpline have the knowledge and expertise to offer mortgage advice to the parents of students planning further education in the UK.
+44 (0)1624 684 305^† or click the link below and we'll call you back.