Key facts:
- Kenyan National, Dubai Resident
- Residential property in London
- Property value: £1,950,000
- Loan amount: £1,365,000
- LTV: 70%
- Interest rate: 2.1%+ BBR
Here at Enness, we work with a large number of entrepreneurs, and they make up one of our most significant segments. We were recently approached by a successful technology business owner who was looking to acquire a property in London to be used as primary UK residence.
While this would usually not pose too many challenges, the client was based in Dubai and had a Kenyan passport, which meant it was not such a straightforward case. The property he wished to purchase was valued at £1,950,000 and he wished to borrow £1,365,000 making it a high loan to value (LTV) of 70%. Moreover, the client required a low interest rate as well.
With proven experience dealing with challenging scenarios, Enness will be able to secure a mortgage for you, even if you have a delicate or unusual background. As such, we successfully met the client’s requirements by securing a low interest rate mortgage, with the interest rate being 2.1% plus BBR.
Focused on delivering workable solutions whatever your circumstances, Enness can source a financing solution for you, even if others have failed. Get in touch now to discuss your scenario!
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
