There are any number of factors that can make it difficult to secure a large mortgage in the UK \u2013 such as being a foreign national, being self-employed, or being a high net worth individual (HNWI) with complex income.<\/p>\n
If there are several factors in your case that complicate your mortgage application, it can become very difficult to source a large loan. Unless you have the help of an expert broker, that is \u2013 as we proved when we arranged this interest-only mortgage for a foreign national.<\/p>\n
Looking for residential property finance in the UK? Speak to a broker today, or download our guides, Mortgages for self-employed borrowers <\/strong><\/a>and Maximising your borrowing as an expat or foreign national<\/a><\/strong>.<\/em><\/p>\n <\/p>\n The client in this case was a foreign national, originating from what lenders perceive to be a high-risk country. He had no UK credit footprint, which is another significant barrier to securing finance. He was also self-employed, which can be a challenge even for British nationals.<\/p>\n He was looking to purchase a property in London valued at just under \u00a31 million, at a loan to value (LTV) of 70%. He was also keen to achieve this on an interest-only basis, if possible.<\/p>\n Since there was an extremely limited chance that this individual would be able to secure a mortgage by himself, given the factors at play in his background, we knew we would be able to save the client a great deal of time and stress in his search<\/p>\n Mortgages for Middle Eastern borrowers can certainly be complicated, so we\u2019ve nurtured relationships with the appropriate lenders to support our capabilities in this area. We approached a Middle Eastern bank that specialises in UK lending for foreign nationals, and were able to negotiate for terms suited to the client.<\/p>\n This was a great resolution for a highly complex case, and a particularly clear example of how our lender knowledge is invaluable when it comes to finding solutions where others can\u2019t.<\/p>\n Self-employed Middle Eastern foreign national<\/p>\n There are any number of factors that can make it difficult to secure a large mortgage in the UK \u2013 such as being a foreign national, being self-employed, or being a high net worth individual (HNWI) with complex income. If there are several factors in your case that complicate your mortgage application, it can become […]<\/p>\n","protected":false},"author":1,"featured_media":13801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[70],"tags":[],"class_list":["post-14582","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\/01\/commercial-property-uk.jpg","_links":{"self":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/14582","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=14582"}],"version-history":[{"count":0,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/14582\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/media\/13801"}],"wp:attachment":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/media?parent=14582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/categories?post=14582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/tags?post=14582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The client:<\/strong><\/h2>\n
The solution:<\/strong><\/h2>\n
The case in brief:<\/strong><\/h2>\n
\n