UK mortgages for Italy residents

Yes. Italy-based buyers — Italian nationals, British expats in Italy and international professionals — can access UK mortgage products through specialist lenders. Key points:

• Minimum deposit: typically 25% for a non-resident purchase. Some lenders offer alternative structures for prime London purchases at higher value points.
• EUR income: euro salary, bonus and business income is accepted. Lenders convert to sterling — the conversion methodology and whether a haircut is applied varies between lenders and affects maximum borrowing. Italian business income (SRL, SPA, partita IVA) is assessed case by case on the basis of accounts and dichiarazione dei redditi.
• Post-Brexit status: Italian nationals who are not UK residents are assessed as international non-resident buyers. This is a straightforward category that specialist lenders handle regularly — the same framework as a UAE or Singapore buyer.
• British expats in Italy: UK nationals with EUR income and a gap in their UK credit file are assessed holistically by specialist lenders — the credit gap is expected for this profile.
• Source of funds: deposits in Intesa Sanpaolo, UniCredit, Banca Mediolanum and Fineco are accepted with three to six months of statements evidencing origin and accumulation.
• Advice process: conducted remotely — no requirement to travel to the UK.

Milan-to-London is a significant professional buyer corridor — finance, private equity, fashion and design maintain strong cross-city connections. We handle Italy-based applications as a consistent part of our European caseload.

Italian nationals are one of the largest groups of EU buyers in UK property, with a particularly strong concentration in London. The post-Brexit change — from EEA treatment to international non-resident treatment — affects which lenders are available and the minimum deposit, but does not prevent buying. The lender pool for Italian buyers overlaps substantially with the pool for other Continental European buyers: EUR income, Italian-held deposits and no UK credit history are all well-understood inputs for specialist international lenders.

The documentation picture for Italian buyers is generally clean — Italian tax returns (CU/730/Modello Redditi), payslips and bank statements are standardised documents that translate well into UK underwriting evidence requirements. Where the income is through a business, we work with the client's commercialista (accountant) to present the accounts in a format the lender's underwriting team can assess.

Lockhart Murphy is UK-based and regulated for UK mortgage business. We are not licensed or regulated in Italy. This page does not constitute advice on Italian law or tax matters.