A crypto deposit mortgage is a relatively new concept in the UK that allows you to sell your cryptocurrency and use it as a deposit to buy a home.
Crypto deposit mortgages are loans taken out to buy a home, but instead of using traditional currencies like pounds or dollars, they involve profits from selling cryptocurrencies like Bitcoin or Ethereum and the proceeds being used for a house deposit.
Can You Get a Crypto Deposit Mortgage in the UK?
Yes, some high-end mortgage lenders allow cryptocurrency profits to be used towards a mortgage deposit. This means you must sell your cryptocurrency holdings and convert to sterling.
Notably, Barclays, Tandem Bank, Bluestone Mortgages, and Pepper Money are among the banks that may accept mortgage deposits from the sale of crypto in certain circumstances.
Connect with the mortgage advisors we work with to learn more about crypto deposit mortgages.
Get Your Free Quote
We've helped 1,000's of borrowers get the perfect mortgage. Submit your details and we'll match you with an expert who will search over 100 lenders to help find you the right mortgage. It's free & doesn't effect your credit score.
Planning to buy a house using the profits gained from crypto sales? Here is a complete guide detailing the benefits, legality, mortgage application process, and more.
Are you worried that investing in crypto like Bitcoin and Ethereum may affect your mortgage application? Check out this informative article to learn how you can still qualify for a mortgage.
Wondering if there are any mortgage lenders who will allow you to use cryptocurrency to fund a house deposit? This article highlights a few crypto-friendly mortgage lenders for your convenience.
Wondering if you can buy a house with bitcoin? Check out this article to learn how to buy a property using this decentralised form of cryptocurrency.
*UK national rate number. 8am to 6pm Monday to Saturday.
Try it FREE for 30 days, then £14.99 a month - cancel anytime
LendingLine is a mortgage information service and not a mortgage brokerage, this website is not authorised or regulated by the Financial Conduct Authority and the published content does not constitute financial advice, any guidance followed is at your own risk. We work by connecting you with an independent and specialised mortgage advisor who best fits your individual needs and requirements. By submitting the information on our website, you consent to a regulated broker calling you to discuss your mortgage situation.
Your home may be repossessed if you do not keep up repayments on your mortgage.
A buy to let mortgage will be secured against your property. Some types of buy to let mortgages are not regulated by the financial conduct authority.
All content is written by qualified mortgage advisors to provide current, reliable and accurate mortgage information. The information on this website is not specific for each individual reader and therefore does not constitute financial advice.
© 2024 LendingLine.co.uk • Registered in England & Wales under Company Number: 15958787 • Lending Line Limited has an ICO license to handle data • All Rights Reserved.
