
UK Expats Remortgage London Buy to Let Property to Fund House Purchase in Thailand
Raising funds as a UK expat living abroad isn’t easy, particularly if your income is a combination of salary and bonus.
Throw in the prospect of using the funds to buy an overseas property, and your options shrink to a small number of specialist lenders that can be hard to find.
The Scenario
Our clients were a UK expat and a Belgian national living in Thailand.
- They wanted to remortgage their existing buy to let property in London, valued at £1.4m.
- They had £350k outstanding on their current mortgage and wanted to raise a further £350k.
- The £350k raised was for multiple uses, including taking funds abroad to purchase a property in Thailand.
- One was a partner of a law firm, and their income was a mixture of on-target earnings and annual salary.
- They were struggling to find a lender comfortable with their income, location, and intended use of funds.
The Solution
We approached the most relevant specialist mortgage lenders that could account for our clients’ income and their expat status.
We arranged a deal with a trusted lender who wasn’t fussy about our clients' use of funds, as long as it was legal.
They were a specialist expat mortgage provider, so also accepted the foreign nationality of our Belgian client.
Within 1 month, we secured finance:
- At 50% loan to value (although we could go up to 75% LTV for this type of case)
- With low-interest rates
- A competitive fee
- And the freedom to purchase their Thai property
Without speaking to Clifton Private Finance our clients were struggling with standard mortgage lenders who just aren’t equipped to take on complex and unique expat cases.
They don’t have the time and resources to invest in difficult scenarios that take extra diligence and consideration.
Related Blog: Living in Thailand? How to Get a Uk Expat Mortgage
Speaking to a specialist mortgage broker here was the quickest and most efficient way of getting the best options, hassle-free.
If you’re a UK expat or foreign national needing property finance, but struggling with high-street lenders, speak to us today to see how we can help.
Louis Levine
Finance Executive CeMAP
Bristol
0117 457 7862
Are you looking for a similar type of property finance?
Get in touch today and find out how I can help.
George Abouzolof
Finance Broker
Bristol
0117 403 3444
Do you need help sourcing your own property finance?
I have extensive experience securing UK mortgages for expat clients. Book a free telephone consultation with me at a time to suit you
Bridging Team
Clifton Private Finance
Bristol
0117 959 5094
Are you in need of a similar type of property finance?
Book a free telephone consultation with one of our bridging specialists today and see how we can help you.
Sam Baker
Finance Broker
Cardiff
0117 959 5094
Are you looking for a similar type of property finance?
As a specialist bridging adviser at Clifton Private Finance, I can take a holistic view of your situation and find the right finance solution for you. Book a free telephone consultation with me at a time to suit you
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 a free telephone consultation with me at a time to suit you
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. Book a free telephone consultation with me at a time to suit you
Jack Spillane
Finance Broker
Bristol
0117 959 5094
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 a free telephone consultation with me at a time to suit you
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.
Book a telephone consultation at a time that suits you:
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. Book a free telephone consultation with me at a time to suit you.
Sam ONeill
Senior Finance Broker
Bristol
0117 959 5094
Is your situation similar?
I am a bridging finance specialist at Clifton Private Finance. I can find a quick, cost-effective solution for the funding you're looking for. Book a free telephone consultation with me at a time to suit you
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 ConsultationAdam Arnott
Associate Director
Bristol
0117 205 0214