Low Cost Mortgage Solution For UK Expat Moving Back To The UK From The USA

Area
Surrey
Capital Raised
£603K

Scenario

We were approached by a client who had been living and working in the USA since 2014 and wanted to move back to the UK with his wife and young family.

They were able to transfer their employment across to the UK but wanted to secure a property in advance of the move.

They had already approached their bank direct and were offered a mortgage with a very high rate of interest.

The client's income was paid in US dollars which, combined with the fact that he currently resided abroad, meant that many UK lenders were not happy to provide mortgage terms.

Our solution

Even though the client had a mortgage offer from a high-street bank we were determined to achieve a better deal for them.

For the £603K they needed, we were able to arrange an 85% loan to value (LTV) mortgage at a rate of 1.54%: half the rate offered by the client's existing bank.

The lender also valued the property at no expense, saving the client on their upfront fees.

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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