Frequently Asked Questions
The process of repatriation can be a complicated and stressful time as it often involves a mixture of employment, family and a house move - often the main topics to create heightened stress levels just on their own let alone all at the same time! Although there will be very personal frustrations and obstacles, there will also be common themes that will hold some similarities for most families relocating and especially heading home after a significant time spent in another country. We will add to these questions and answers when they arise. If you have questions that you consider relevant even at an early initial stage - let us know and we will endeavour to provide you with some answers!
Will I have to wait until I am back in the UK before I am able to take out a mortgage on a UK residential property?
You will be pleased that things have dramatically improved over the last few years however the process is long (longer than you will think) and can be extremely stressful and frustrating. Many buyers give up as they think the process is not possible at all however, Meyado Repatriation will introduce you to an expert Expat Mortgage Broker to assist with this process and keep information flowing between all relevant parties while you carry on with your busy life outside the UK. The usual house-buying administrative processes and last minute deadlines are made more difficult by operating across multiple time zones.
How do I ensure I am not disadvantaged by transferring money internationally?
Either making regular payments or repatriating all your assets and funds back to the UK, it is essential that you do not pay either significant charges or get an extremely poor exchange rate. Using a specialist FX Broker to give you both a much better rate and advice on the timing of transfers will save you a significant amount of money.