British Expat With Complex Income Finance To Buy Residential Property In Bath

Area
Bath
Capital Raised
750K

The Scenario

Our client, a high value earner British expat residing in the Cayman Islands, wanted to purchase a residential home for his family in Bath worth £1M.

His family had been renting the property in Bath for two years when their landlord indicated that he wanted to sell.

Unfortunately, the landlord of the client’s family home could not afford to wait and would likely accept the first offer. This meant that the client was in danger of losing his family’s rented accommodation to another buyer.

Our client approached multiple traditional lenders for adequate property finance to purchase the property his family called home.

Due to his complex income, foreign currency salary and location, every high street bank rejected his application property finance.

Our Solution

We recognised the client’s needs and understood why his family would not want to move from the property they had lived in for two years.

We approached a private bank and were able to secure a £750,000 interest-only mortgage for our client.

We were able to negotiate and obtain an owner-occupied, regulated, residential mortgage with a rare loan to value of 75%. This unique financial solution enabled the client to buy the property in Bath and secure a family home for his UK based relatives.

Sam ONeill

Finance Broker

Bristol

0117 959 5094

Have a similar situation? I specialize in bridging finance and can provide creative solutions for your property funding requirements.

Nayeem Sohal

Shariah Compliant Finance Specialist

London Office

0203 900 4322

I have over 25 years experience in providing property finance solutions for UK and International clients. I look forward to hearing from you.

Sam Norris

Senior Finance Broker

London

0203 900 4322

Have a similar situation? I am a specialist in residential and investment property finance for UK and international clients. I look forward to hearing from you.

Robert Gibb

Senior Finance Broker

Bristol

0117 959 5094

Require mortgage or short term finance for residential or buy to let property (including HMOs and limited companies)? I have extensive experience on providing property finance solutions for UK and International clients.

Adam Arnott

Senior Associate

Bristol

0117 959 5094

Are you in a similar situation? I have extensive experience in advising clients on providing creative property finance solutions. I look forward to hearing from you.

Paul Adams

Senior Associate

Bristol Office

0117 959 5094

Have a similar situation? I have over 20 years experience in providing property finance solutions for UK and International clients. I look forward to hearing from you.

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