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Using a UAE credit card to boost deposit

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  • Using a UAE credit card to boost deposit

    Applying for an expat mortgage for a UK property
    i'm a UK citizen but currently a non-resident.
    Need a 25% deposit
    I have saved up around GBP 45k in cash
    I have access to more GBP 12k in my UAE HSBC Master Card. I plan to make a UAE credit transfer to my parents UK account which they would then gift to my UK account to supplement my cash supply.
    Market has much better buy to let options using my UAE credit card balance and available cash as a deposit
    Can i safely apply for the mortgage under the assumption that the banks will not have visibility of the UAE credit card debt?

  • #2
    With Credit card requests, UAE residents make 3 multiple Applications at the same time. According to tp personal finance comparison site, The number of a consumer looking to secure money has increased significantly.
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