London Residential Mortgage For UK Expat in Saudi Arabia

London Residential Mortgage For UK Expat in Saudi Arabia

Area
West London
Capital Raised
£1.2M

With up-to-date contacts and professional packaging, experienced brokers can access more advantageous mortgage rates than clients can find for themselves.

The Scenario 

Our clients, a husband and wife, were looking to upsize on their Ealing home to a more substantial house around the corner, for sale for £2.03M. They were undecided as to whether they would sell their current home or rent it out.

Both UK nationals, the wife lived in the London house while her husband worked in Saudi for oil-and-gas giant Saudi Aramco.

Mortgaging would be based upon his sole income, and in common with many expats the calculation was complex, including bonuses, local rent and living allowances, and an allowance for children’s school fees.

The Solution

The husband had sourced mortgage finance at rates of 4 - 5%.

We packaged the application making it clear that the current property would be either sold or rented out, and therefore would not be counted as an outgoing, and approached a lender who is familiar with lending to expats.

They accepted that this was a residential purchase and were prepared to finance at less than half the rates our client had been able to access.

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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