How to finance a London property purchase from Hong Kong?

For Hong Kong buyers, London has been more than a global city. It is a trusted, reliable investment market defined by transparency, legal clarity and long-term resilience. Whether you are planning to buy a London property for relocation, portfolio diversification or rental income, understanding how financing works from Hong Kong is the first and most critical step.

Benham and Reeves Hong Kong works regularly with buyers navigating this process, from first-time purchasers using the BNO route to seasoned Hong Kong landlords. In this guide we explain how financing a UK purchase works and how to position yourself for approval.

Why does London attract Hong Kong buyers?

London stands as one of the most accessible global property markets for global buyers. The buying process here is straightforward, well-regulated and the variety of new homes for sale in London, from luxurious apartments in Zone 1 to regeneration-led districts offers budget flexibility.

The introduction of the BNO visa has further strengthened demand for several investors from Hong Kong. This reform allows eligible buyers to relocate while investing in residential property. Most importantly, you can purchase a UK property whether or not you intend to live in the home immediately.

Can Hong Kong nationals get a UK mortgage?

Yes, Hong Kong nationals are eligible to apply for UK mortgages. Approvals depend on factors such as visa status, employment profile, deposit size and financial documentation.

Many high-street lenders prefer applicants who’ve lived or worked in the UK for at least a year. However, specialist lenders actively support foreign buyers purchasing from Hong Kong or those newly arrived under the BNO scheme

As a buyer, your eligibility will be assessed based on:

• Visa type and remaining validity.
• Employment status and income stability.
• Deposit amount.
• Credit profile (UK or overseas)
• Overall affordability along with existing liabilities.

Property investors without any UK credit history are not excluded, provided they structure the application correctly.

What are the deposit requirements?

For overseas buyers, deposits are usually higher compared to locals. In most cases, lenders need a minimum deposit of 25%; this can vary depending on risk factors and property type. A larger deposit often results in more competitive interest rates and broader lender choices.

As a buyer, be prepared to submit the evidence of source funds, in line with the UK anti-money laundering regulations.

This includes –

• Salary savings
• Business income
• Dividends
• Gifts
• Proceeds from asset sales.

For buy-to-let purchases, anticipated rental income is also factored into the calculation.

What can I expect in the mortgage application process?

The process typically commences with a complete financial assessment. While this is not mandatory, opening a UK bank account is strongly recommended, as mortgage repayments are to be made from a recognised account.

You will also be asked to present documentation including –

1. Proof of identity

2. Address

3. Visa status

4. Income:

• Employed applicants can submit payslips and contracts.
• Self-employed buyers must present business accounts and tax returns.

How can I finance my London property as an investment?

As a Hong Kong buyer, to purchase a BTL, a buy-to-let mortgage is required. Focus on calculating rental coverage ratios, ensuring the expected rent comfortably exceeds mortgage repayments.

Some lenders require a minimum level of personal income outside rental earnings. Compliance checks are often more detailed for overseas investors. However, with the right level of preparation, approvals are achievable.

What are the costs beyond deposit?

• UK legal fees
• Stamp Duty Land Tax, including non-resident surcharge
• Valuation and lender fees
• Service charges and ground rent
• Optional furnishing and refurbishment

Our Hong Kong office can assist you with upfront cost clarity; this way, you can plan the purchase confidently.

How can I set up a fully managed system?

As a Benham and Reeves client, you are privy to end-to-end support, including property selection, legal coordination and post-completion care.

Established in 1995, Benham and Reeves Hong Kong acts as your agent and ensures pricing accuracy, lender alignment and transaction efficiency.

Speak with our Hong Kong specialists today.

Benham and Reeves (Hong Kong) Limited License No. C-092169. Advertisement Date: 16 Jan 2026. To buy or not to buy non-local off-plan properties? Assess the risks before you buy! 境外樓花買唔買？計過風險先好買！Disclaimer: https://www.benhams.com.hk/disclaimer/