Key Facts:
- Client: Swiss Resident, British National
- Property Type: Flat in Central London
- Property Value: £3,500,000
- Loan Amount: £2,625,000
- LTV: 75%
A recent case involves arranging finance for a British expat based in Switzerland. The client was looking to purchase a luxury apartment in Central London.
If you are one of the 40,000 British nationals living in Switzerland, buying property in the UK is often easier and more plausible from an investment perspective than buying in Switzerland. Buying real estate in the UK will often see your money go a little further in terms of what you can purchase and the choice of properties available for your budget.
Although getting a UK mortgage as a British expat should be easy, it’s rarely as straightforward as you expect. Mainstream lenders can approach non-residents with more caution, especially if your income is in Swiss francs. Buying prime property, high-value property or adding to a buy-to-let property can be tricky.
As this case illustrates, we specialise in finding mortgages for non-UK residents. We will build and deliver a finance package that meets all your needs as precisely as possible and ensures your headline mortgage costs are as low as possible. To discuss your property financing scenario, get in touch today!
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