Bank of China UK
BankBank of China UK is the London-based subsidiary of one of China's largest state-owned banks, offering UK residential mortgages primarily to Chinese nationals, Hong Kong residents, and overseas Chinese looking to purchase property in England and Wales.
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About Bank of China UK
Bank of China (UK) Limited is a wholly-owned subsidiary of Bank of China Limited, one of China's four largest state-owned commercial banks and a Fortune Global 500 company. The UK subsidiary is authorised by the PRA and regulated by both the PRA and FCA, with its headquarters in the City of London. Bank of China has had a presence in the UK since 1929, making it one of the longest-established Chinese financial institutions in Europe.
The bank's UK mortgage division serves a specific clientele: Chinese nationals, Hong Kong residents, and overseas Chinese who wish to invest in UK residential property. Bank of China UK has particular expertise in assessing income earned in mainland China, Hong Kong, Taiwan, and other regions, including understanding Chinese tax returns, company structures, and property ownership regulations. The bank can facilitate communication in Mandarin and Cantonese, removing language barriers that can complicate the mortgage process.
Bank of China UK offers residential purchase and remortgage products for properties in England and Wales. The bank typically lends on properties in major cities and commuter areas. While the mortgage proposition is niche, it fills a critical gap in the market for Chinese-origin borrowers who find it difficult to evidence their income through mainstream UK lenders. The bank benefits from the financial strength and global network of its parent company.
Lending Focus
Bank of China UK offers mortgage products across 4 categories including Residential, Buy-to-Let, Expat and 1 more.
Key Features
- Specialist UK mortgage products for Chinese nationals and Hong Kong residents
- Income assessment expertise for mainland China, Hong Kong, and Taiwan earnings
- Mandarin and Cantonese language support throughout the application process
- Backed by one of China's largest state-owned banks
- Residential and buy-to-let products for properties in England and Wales
Pros & Cons
Pros
- Deep expertise in assessing Chinese and Hong Kong income documentation
- Multilingual service in Mandarin, Cantonese, and English
- Exceptional financial backing from one of the world's largest banks
- Accepts both direct and broker applications
Cons
- –Very niche — primarily serves Chinese and Hong Kong borrowers
- –Maximum 75% LTV is lower than mainstream lenders
- –Geographic lending restrictions — primarily England and Wales
Fees & Charges
- Arrangement Fee
- Typically 0.5–1% of loan amount — varies by product
- Valuation Fee
- Based on property value — usually £300–£2,000
- Early Repayment Charge
- Typically 1–3% during fixed-rate period
- Overpayment Allowance
- Varies by product — typically up to 10% per year
Mortgage Rates
Rate data coming soon. View rates on Bank of China UK
Application Process
- Processing Time
- 4–8 weeks from application to offer
- Online DIP
- No — via broker or branch
- Offer Valid For
- 3 months
Lending Criteria
- Maximum LTV
- 75%
Frequently Asked Questions
Can Chinese nationals get a UK mortgage from Bank of China UK?
Does Bank of China UK offer buy-to-let mortgages?
What languages does Bank of China UK support?
Is Bank of China UK regulated in the United Kingdom?
How to Apply
Direct & broker access. Apply directly or via a broker for whole-of-market access. Find a broker
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Important: Your home may be repossessed if you do not keep up repayments on your mortgage. Information on this page is for general guidance only and does not constitute financial advice. Always verify lender details directly and seek independent advice before making financial decisions.