Residential Mortgage for a Recently Arrived French National
Featured Snippet: Articus Finance secured a residential mortgage for a recently arrived French national, overcoming challenges of no UK credit footprint and new employment to arrange an £830k interest-only facility on a £1.35m property.
Introduction
Securing a residential mortgage for a recently arrived French national can be a complex process. Lenders typically require proof of residency, a robust UK financial record, and established income streams. In this case, Articus Finance successfully arranged an £830,000 mortgage on a £1.35 million UK property, even though the client had just moved to the UK and was yet to start a new role.
Client Background
Our client, a French national, planned to relocate to the UK with their family. They identified a suitable residential property valued at £1.35 million and required an interest-only mortgage. However, the client faced multiple obstacles:
- No permanent right to reside in the UK at the outset.
- No financial footprint such as credit history, utility bills, or established UK accounts.
- Employment not yet commenced, limiting conventional proof of income that most lenders require.
Despite these challenges, the client was motivated to secure financing quickly, ensuring a smooth transition for their family’s relocation.
The Challenge
The main obstacles included:
- Residency status – many UK lenders reject applications if permanent residency is not established.
- Absence of credit profile – no UK address history or accounts created barriers to affordability assessment.
- Pending job start – income had yet to be verified in the UK, reducing scope for mainstream approval.
- High property value – financing a £1.35m purchase required a lender open to bespoke underwriting.
Traditional high street lenders were unlikely to support this application, underscoring the need for Articus Finance to engage niche and private bank partners.
Our Solution
Articus Finance works with a network of lenders who recognize the complexities of international relocations. For this client, we:
- Identified a lender specialising in foreign nationals and recent UK arrivals.
- Presented the client’s wider financial profile, including global assets and future UK earnings potential.
- Secured an £830k interest-only mortgage at a 61% loan-to-value ratio.
- Structured the facility to provide immediate access while meeting compliance standards.
This solution enabled the client to complete their property purchase, relocate with confidence, and benefit from competitive financing terms suited to their unique circumstances.
Key Highlights
- Property purchase value: £1.35 million in the UK.
- £830,000 interest-only mortgage secured.
- 61% LTV provided despite lack of UK income history.
- Challenges of no residency and no financial footprint overcome through tailored lender negotiation.
- Case shows the value of private banking and specialist lenders in facilitating complex relocations.
Why Articus Finance Delivered
Arranging a residential mortgage for a recently arrived French national requires specialist knowledge and strong lender relationships. Articus Finance’s experience in complex cross-border transactions allowed us to position the client’s case effectively, highlighting future income visibility and international wealth. By collaborating with a niche lender, we secured terms unavailable through mainstream banks, ensuring a smooth relocation for the client’s family.
Explore Related Insights
- Foreign National Mortgage Solutions
- Expatriate Mortgage Structuring
- Private Bank Mortgage Case Study
- High Net Worth Mortgage Insights
- Self-Build Mortgage Finance
- Development Exit Finance Case
- Buy-to-Let Remortgage for French Investor
- Financial Conduct Authority – FCA
Final Thoughts
This case demonstrates that a residential mortgage for a recently arrived French national can be achieved, even in the absence of residency rights, UK footprint or verifiable income. Articus Finance’s bespoke approach, combined with niche lender relationships, ensures seamless outcomes for international clients relocating to the UK.