£1.3 Million Complex Income Mortgage For UK Expat

£1.3 Million Complex Income Mortgage For UK Expat

Area
Cirencester
Capital Raised
£1.3M

The Scenario

Our client was an expat who owned a business in Hong Kong, and wanted to purchase a 48-acre rural property outside Cirencester as a home to return to.  

He needed £1.3M in finance to complete the purchase of this very desirable Cotswold estate.

Unfortunately, in common with many of our HNW expat clients, his income stream and tax status were complex and beyond the scope of the most readily-identifiable high street mortgage lenders he contacted from Hong Kong. 

He was turned down by a number of well-known banks and was in danger of losing the property to a competing buyer by the time he came to Clifton Private Finance. 

The Solution

We needed to find a willing lender, and we also needed to act fast. 

The finance solution was going to be found amongst private lenders who take a more bespoke approach to their lending decisions and are able to assess each case on its merits. 

Even then, he didn't satisfy the broad lending criteria of most of the private lenders we have long experience dealing with. But we took the details of his case to one lender we thought could be willing and negotiated with them on the type of documentary evidence of income and affordability that they might find acceptable. 

Lending was agreed and the finance transfered in time to complete before the purchase deadline. 

If you're in a similar situation, give us a call and we'll start looking at what we could set up for you straight away:

Fergus Allen

Finance Broker

Cardiff

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.

Book Consultation

Jacob Phipps

Finance Broker

Bristol

(+44) 0117 959 5094

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

Book Consultation

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. customDatabaseField-8455

Mathew Phillips

Senior 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.

Book Consultation

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. customDatabaseField-8455

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.

Book Consultation

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.

Book Consultation

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.

Book Consultation

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. customDatabaseField-8455

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