{"id":19917,"date":"2023-06-14T22:52:51","date_gmt":"2023-06-14T14:52:51","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/uncategorized\/buy-to-let-refinance-for-monaco-resident-with-only-rental-income-2"},"modified":"2023-09-14T16:27:09","modified_gmt":"2023-09-14T08:27:09","slug":"buy-to-let-refinance-for-monaco-resident-with-only-rental-income-2","status":"publish","type":"post","link":"https:\/\/backup.articusfinance.com\/ch\/case-studies\/buy-to-let-refinance-for-monaco-resident-with-only-rental-income-2","title":{"rendered":"Buy-to-Let Refinance for Monaco Resident with only Rental Income"},"content":{"rendered":"<p style=\"font-size: 13px; font-weight: bold;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\">The case in brief<\/span><\/p>\n<ul>\n<li>Client: UK National &amp; Monaco Resident<\/li>\n<li>Property type: Buy-to-let Refinance<\/li>\n<li>Property value: \u00a31,950,000<\/li>\n<li>Loan Amount: \u00a31,140,000<\/li>\n<\/ul>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">In this case, we were contacted by clients based in Monaco who owned a number of <a href=\"https:\/\/backup.articusfinance.com\/buy-to-let-remortgage\"><span style=\"color: #45818e;\"><u>high-value Buy to Let <\/u><\/span><\/a>properties in and around London. One of the properties was nearing the end of its mortgage term\u2013 they reached out to Articus to assist.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\"><a href=\"https:\/\/backup.articusfinance.com\/guides\/buy-to-let\"><span style=\"color: #45818e;\"><u>Looking for more information on Buy-to-Let\u2019s \u2013 download our guide here<\/u>.<\/span><\/a><\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: verdana, geneva, sans-serif; color: #134f5c; font-size: 10pt;\"><strong>Our client<\/strong><\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">The clients were Monaco residents and had been for the past 14 years. They owned four high-value properties in Prime Central London and two other properties just outside the M25. The complicated part of this was the fact that as <a href=\"https:\/\/backup.articusfinance.com\/overseas-mortgages\"><span style=\"color: #45818e;\"><u>non-residents<\/u><\/span><\/a> traditional banks would like to see another type of income, not solely rental.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">Looking to purchase or remortgage a property as an overseas resident? <span style=\"color: #45818e;\"><a style=\"color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/guides\/expat-foreign-national\"><u>Download our guide for more information<\/u><\/a><\/span>.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: verdana, geneva, sans-serif; color: #134f5c; font-size: 10pt;\"><strong>Our solution<\/strong><\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">Considering their needs, we approached a <a href=\"https:\/\/backup.articusfinance.com\/private-bank-mortgages\"><span style=\"color: #45818e;\"><u>specialist bank<\/u><\/span><\/a> that agreed to provide a tailored solution for our clients. The bank understood our clients&#8217; unique circumstances and financial position and was happy to secure the loan based on their <a href=\"https:\/\/backup.articusfinance.com\/guides\/high-net-worth-mortgage-guide\"><span style=\"color: #45818e;\"><u>high-net-worth<\/u><\/span><\/a> background.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">Our broker worked closely with the bank to present a comprehensive financial analysis of our client\u2019s investment properties. This included detailed information on rental income, property values, and market trends.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">Furthermore, the lender offered competitive interest rates and favourable repayment terms, taking into consideration the clients&#8217; <a href=\"https:\/\/backup.articusfinance.com\/high-net-worth-mortgages\"><span style=\"color: #45818e;\"><u>high-net-worth<\/u><\/span><\/a> status.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">If you are looking for personalized financial solutions or looking to <span style=\"color: #45818e;\"><a style=\"color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/remortgage\"><u>remortgage <\/u><\/a><\/span>your property, <a href=\"https:\/\/backup.articusfinance.com\/contact\"><span style=\"color: #45818e;\"><u>contact Articus today<\/u><\/span><\/a>. Our experienced team of professionals provide comprehensive and customised financial services to meet your specific needs and help you achieve your goals.<\/span><\/p>\n<p><a style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\" href=\"https:\/\/backup.articusfinance.com\/contact\"><span style=\"color: #45818e;\"><u>GET IN <span style=\"color: #45818e;\">TOUCH<\/span> TODAY<\/u><\/span><\/a><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case in brief Client: UK National &amp; Monaco Resident Property type: Buy-to-let Refinance Property value: \u00a31,950,000 Loan Amount: \u00a31,140,000 In this case, we were contacted by clients based in Monaco who owned a number of high-value Buy to Let properties in and around London. One of the properties was nearing the end of its [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":19208,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[70],"tags":[],"class_list":["post-19917","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\/06\/Buy-to-Let-Refinance-for-Monaco-Resident-with-only-Rental-Income.png","_links":{"self":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/19917","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\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/comments?post=19917"}],"version-history":[{"count":1,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/19917\/revisions"}],"predecessor-version":[{"id":20988,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/19917\/revisions\/20988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/media\/19208"}],"wp:attachment":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/media?parent=19917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/categories?post=19917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/tags?post=19917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}