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BBC News - UK expats 'struggling to buy a home'

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There are about five million British expats living and working abroad, and lots of them are struggling to find a bank happy to give them a mortgage for a property in the UK. Many expats want to buy a UK property to ensure they are not left behind if house prices rise. They also want somewhere to live when they return home. Securing a mortgage while living overseas has always been tricky, especially if you do not know which bank to approach. However, the task was made even more difficult late last year when Lloyds Banking Group pulled its expatriate mortgage range. Since the start of the year, brokers have taken a huge number of enquiries from British people living and working in Spain, Singapore, Saudi Arabia, Kenya, South Africa, Australia and, in particular, Hong Kong. Click here to view the full story: http://www.bbc.co.uk/news/business-22754136 June 6, 2013
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sunday times telegraph financial times bbc news the express the times
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