
UK Mortgage For British Expat In The USA Agreed In Principle In 48 Hours For Edinburgh Property
The Scenario
We were approached by clients who had been working in the USA since 2010, but were now preparing for their move back to the UK in two months' time.
They'd recently combined a visit to family back in Scotland with looking for a rental property - to give themselves a breathing space before buying.
They had factored in the costs of a double-move, and hadn't expected to be seriously house-hunting. But a switched-on real estate agent showed them a property for sale in Edinburgh that was exactly what they wanted.
So now they were up against a deadline to secure this dream home, with a vendor who was quite uncertain they'd be able to follow through with the purchase.
Our clients were unsure of their mortgage options. Their application would be processed while they were back in the States, and they would continue to be paid in USD once they were back in the UK. And they needed to move quickly.
The Solution
We clarified the situation for them: they would be applying as expats, but with a bit of hard-nosed research we thought we could find a rate for them that wasn't wounding in comparison to UK-based borrower rates.
Our experience in arranging UK expat mortgages meant we were able to get them an agreement in principle from a UK lender within 48 hours. For the full borrowing of £420,000 they needed: and at a very competitive five-year fixed rate of 2.09%.
The mortgage term was arranged to age 70 and we were able to find a lender who would pay for the property valuations fees.
Future home secured.
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