A crypto 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 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.
Can You Get a Crypto 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 accept mortgage deposits from the sale of crypto.
Connect with our mortgage advisors today to learn more about crypto mortgages.
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LendingLine is a mortgage information service and not a mortgage brokerage. We work by connecting you with an independent and specialised mortgage advisor who best fits your individual needs and requirements. By submitting the above information, you consent to a regulated broker calling you to discuss your mortgage situation.
