{"id":13403,"date":"2023-03-16T09:06:24","date_gmt":"2023-03-16T01:06:24","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/uncategorized-ch\/residential-mortgage-for-a-spanish-national-relocating-to-the-ukresidential-mortgage-for-a-spanish-national-relocating-to-the-ukresidential-mortgage-for-a-spanish-national-relocating-to-the-uk"},"modified":"2023-09-14T16:57:58","modified_gmt":"2023-09-14T08:57:58","slug":"residential-mortgage-for-a-spanish-national-relocating-to-the-uk","status":"publish","type":"post","link":"https:\/\/backup.articusfinance.com\/ch\/case-studies\/residential-mortgage-for-a-spanish-national-relocating-to-the-uk","title":{"rendered":"Residential Mortgage for a Spanish national relocating to the UK"},"content":{"rendered":"<h2 style=\"font-size: 13px; font-weight: bold;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\">The case in brief<\/span><\/h2>\n<p><!--more--><\/p>\n<ul>\n<li>Client: Spanish National &amp; UK Resident<\/li>\n<li>Property type: Residential Property<\/li>\n<li>Property value: \u00a3800,000<\/li>\n<li>Loan Amount: \u00a3535,000<\/li>\n<li>LTV: 67%<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"font-size: 13px; text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">With the <a href=\"https:\/\/backup.articusfinance.com\/ch\/blog\/three-years-on-from-brexit-what-has-changed-for-the-uk-property-market\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #45818e;\">Brexit uncertainties<\/span><\/a>, the UK property market has become more attractive to foreign buyers. However, obtaining a mortgage as a foreign national can be challenging, especially for those who are not familiar with the UK mortgage market and application process. At Articus Finance, we specialise in providing <span style=\"text-decoration: none;\">mortgage solutions for overseas clients looking to purchase UK properties.<\/span><\/span><\/p>\n<h2 style=\"font-size: 13px; font-weight: bold; text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\">Our Client<\/span><\/h2>\n<p style=\"font-size: 13px; text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Spanish national and resident who was relocating to the UK with his family. He had found a new job in London and was looking to purchase a property worth \u00a3800,000. They had a deposit of \u00a3265,000 and needed a mortgage for the remaining \u00a3535,000. As a <a href=\"https:\/\/backup.articusfinance.com\/ch\/foreign-national-mortgages\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #45818e;\">foreign national<\/span><\/a>, they were not familiar with the UK mortgage market and needed guidance on the application process.<\/span><\/p>\n<h2 style=\"font-size: 13px; font-weight: bold; text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\">Our Solution<\/span><\/h2>\n<p style=\"font-size: 13px; text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">We assessed the client&#8217;s financial circumstances and advised them on the best mortgage product that suited their needs. We recommended a 67% LTV mortgage, which would require a deposit of 33% of the property value and a mortgage of \u00a3535,000. We also provided guidance on the application process. Download our Foreign National and Expat Guide <span style=\"color: #45818e;\"><a style=\"color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/ch\/guides\/expat-foreign-national\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\">here<\/span><\/a><\/span>.\u00a0<\/span><\/p>\n<p style=\"font-size: 13px; text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">We worked closely with our <span style=\"color: #45818e;\"><a style=\"color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/ch\/private-bank-mortgages\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\">panel of lenders<\/span><\/a><\/span> to find the best mortgage deal for our clients. This managed us to secure a competitive mortgage offer with a low-interest rate and favourable repayment terms. Our client was pleased with our services and was able to secure their dream property in the UK.<\/span><\/p>\n<p style=\"font-size: 13px; text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">If you are a foreign national looking to purchase a property in the UK and need guidance on the mortgage application process, <span style=\"color: #45818e;\"><a style=\"color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/ch\/contact\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\">reach out to us<\/span><\/a><\/span> for a personalized mortgage solution.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case in brief<\/p>\n","protected":false},"author":1,"featured_media":13404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[70],"tags":[],"class_list":["post-13403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"acf":[],"jetpack_featured_media_url":"https:\/\/backup.articusfinance.com\/wp-content\/uploads\/2023\/04\/Residential-Mortgage-for-a-Spanish-national-relocating-to-the-UK-cover-1.png","_links":{"self":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/13403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/comments?post=13403"}],"version-history":[{"count":1,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/13403\/revisions"}],"predecessor-version":[{"id":21022,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/13403\/revisions\/21022"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/media\/13404"}],"wp:attachment":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/media?parent=13403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/categories?post=13403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/tags?post=13403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}