Living in the UK: German banks that finance property in Germany for British residents
Since Brexit the situation has noticeably improved: GBP income is possible with specialist banks. Some lenders do not accept foreign-currency income, others credit it with a safety discount of 10–25 % (50 % at 100 % financing).
Which banks finance tax non-residents living in the UK?
For tax non-residents living in the UK, GBP income is possible with specialist banks. Some lenders do not accept foreign-currency income; those that do credit it with a safety discount of 10–25 % (50 % at 100 % financing) on the amount converted into euros. British tax records (P60, SA302) and payslips are accepted as proof but must be prepared for the German lender.
Do you need a specialist bank if you live in the UK?
If you live in the UK, specialist German banks that accept GBP income finance the purchase.
Has Brexit made it more difficult to secure funding, and do German lenders accept GBP income?
On the contrary — the situation has improved significantly: specialist banks accept income in GBP.
Some banks do not accept foreign-currency income — others do. Foreign-currency income: which banks accept it.
Do German lenders accept GBP income? Specialist banks do; income is typically paid in GBP.
How many banks finance a mortgage in Germany from the United Kingdom?
What counts is the right bank: with residence in the UK, 6 to 10 of over 650 banks, institutions with experience in international business, come into question for a mortgage in Germany. We broker independently and present your case to the right banks in a targeted way.
We broker independently (Olga Nikushkina, § 34i GewO) and present your case in a targeted way — free of charge, as the commission is usually paid by the bank; the lever is the right bank, not the sheer number. Which banks finance tax non-residents?.
How do banks count GBP income?
Banks count it with a safety discount of 10–25 % (50 % for 100 % financing) on the income converted into euros, depending on the currency and type of income.
UK tax assessments (P60, SA302) are accepted as proof; English is standard. Stable employment within a corporate group is preferred; self-employed people in the UK have a smaller pool of banks. Mortgage financing for the self-employed.
Where are the details on loan-to-value, documents and currency discount for UK residents?
Income is typically paid in GBP — details on the full constellation (loan-to-value, documents, currency discount) are on UK, USA & Asia — all topics.
Frequently asked questions
Which banks finance tax non-residents living in the United Kingdom?
Of the 650+ banks in reach, tax non-residents generally have a circle of 6 to 10 institutions with international experience. Since Brexit the situation has noticeably improved: GBP income is possible with specialist banks.
What currency is my income paid in?
Typically GBP. Banks convert foreign-currency income into euros with a safety discount — details on the full constellation (loan-to-value, documents, currency discount) are on UK, USA & Asia — all topics.
Do banks also provide loans to self-employed people resident in the UK?
Self-employed people in the UK have a more limited choice of banks. A stable position with a large corporation is preferred.
Which British documents do German lenders accept as proof of GBP income?
British tax records (P60, SA302) and payslips are accepted as proof but must be prepared for the German lender.
Discuss your case
Non-binding initial consultation free of charge — as a rule the bank pays our fee.
Related pages
Calculate your budget
How much property is realistically financeable with your equity and income?
KfW funding
Usually excluded for a pure investment property from abroad — returning for owner-occupation often opens up regular KfW programmes.
State funding by federal state
Almost every federal state has its own development bank, often combinable with KfW.
Editorially responsible: Olga Nikushkina — owner, §34i GewO (German mortgage brokerage), adviser register D-W-132-ZUCB-95. Specialised in German property financing with an international dimension: non-residents, foreign-currency income, cross-border workers, expats. Siegfried Perini is entered in the German intermediary register under this licence as a person directly involved in brokerage and advice (§ 11a GewO), active in real estate since 1992. Not legal or tax advice.
