Buy to let mortgage in London for a non-dom foreign national

Area
London
Capital Raised
£1m

The Scenario

Our ultra high a net worth client wanted to remortgage his £3.5million buy-to-let Chelsea penthouse to achieve a better interest rate.

The prestigious private bank that held his current  £1M BTL mortgage was unwilling to remortgage on terms he could agree to.

Our client is an Australian citizen with a British wife. He is non UK-domiciled for tax purposes, living in Europe for six months of the year and Australia for the remaining six months.

Because he is not a UK taxpayer or British national and is paid in a foreign currency, lending from UK high street banks was not available to him.

The Solution

Using our wide network of contacts across the private banking sector, we were able to source a suitable buy-to-let remortgage for our client.

One of the private banks we have an established relationship with was able to offer a highly competitive interest rate on a 20-year BTL mortgage.

We had the offer agreed within 7 working days, providing a quick solution for our client.

Read our blog:

Finance for overseas London property buyers: the 3 essential ways we can help

Jack Spillane

Finance Broker

Bristol

0117 959 5094

Is your situation similar to this? I specialise in helping clients who need creative development finance solutions, and second-charge mortgages. Give me a call any time and we can set up a detailed discussion of the finance you need.

Mathew Phillips

Finance Broker

Bristol

0117 959 5094

Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.

Alex Chambers

Senior Finance Broker

Bristol

0117 403 4324

Are you in a similar situation? I am a specialist in residential and investment property finance for UK and international clients at Clifton Private Finance. Please don't hesitate to get in touch for a no-cost discussion of the finance you need.

Luther Yeates

Senior Finance Broker

Bristol

0117 244 5561

Are you looking for a similar type of property finance? I have extensive experience finding residential and investment property finance for UK and international clients. Please get in touch and we can arrange a time that's convenient for you to discuss your situation.

Sam ONeill

Senior Finance Broker

Bristol

0117 959 5094

Is your situation similar? I am a bridging finance specialist at Clifton. I can find a quick, cost-effective solution for the funding you're looking for.

Robert Gibb

Senior Finance Broker

Bristol

0117 959 5094

Are you looking for mortgage or short-term finance for residential or buy-to-let property (including HMOs)? I have extensive experience in finding property finance solutions for UK and international clients, both as individuals and limited companies. Please give me a call and let me see what I can do for you.

Adam Arnott

Associate Director

Bristol

0117 205 0214

Is your situation similar to this? I have extensive experience of advising clients who need creative property finance solutions. Please get in touch and we can arrange a time that suits you for a detailed discussion of your requirements.

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