{"id":13532,"date":"2022-11-16T13:33:21","date_gmt":"2022-11-16T05:33:21","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/non-classifiee\/uk-property-refinance-for-an-italian-national-living-in-switzerland"},"modified":"2023-09-13T19:01:54","modified_gmt":"2023-09-13T11:01:54","slug":"uk-property-refinance-for-an-italian-national-living-in-switzerland","status":"publish","type":"post","link":"https:\/\/backup.articusfinance.com\/fr\/case-studies\/uk-property-refinance-for-an-italian-national-living-in-switzerland","title":{"rendered":"UK Property refinance for an Italian National Living in Switzerland"},"content":{"rendered":"<h2 style=\"color: #134f5c; font-size: 15px; font-family: Verdana, Geneva, sans-serif;\"><strong>The case in brief<\/strong><\/h2>\n<p><!--more--><\/p>\n<ul style=\"font-size: 14px;\">\n<li><span style=\"font-family: Verdana, Geneva, sans-serif;\">Client: Italian National &amp; Switzerland Resident<\/span><\/li>\n<li><span style=\"font-family: Verdana, Geneva, sans-serif;\">Property type: Flat in Central London<\/span><\/li>\n<li><span style=\"font-family: Verdana, Geneva, sans-serif;\">Property value: \u00a3850,000<\/span><\/li>\n<li><span style=\"font-family: Verdana, Geneva, sans-serif;\">Loan Amount: \u00a3520,000 <\/span><\/li>\n<li><span style=\"font-family: Verdana, Geneva, sans-serif;\">LTV: 61%<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Regardless of whether your current mortgage term is coming to an end or you are looking to explore more competitive alternatives, in Articus, we work daily to help non-UK residents refinance in the UK. We were recently approached by an existing Italian client who was looking to refinance their UK property which we secured the original debt for.<\/span><\/p>\n<p><span style=\"font-family: Verdana, Geneva, sans-serif;\">To find out more about property finance for overseas clients, explore our page <span style=\"font-weight: normal; font-style: normal; color: #45818e;\"><u><a style=\"color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/fr\/uk-mortgages-for-residents-in-switzerland\" rel=\"noopener\">UK Mortgages For Residents in Switzerland<\/a>.<\/u><\/span><\/span><\/p>\n<h2 style=\"color: #134f5c; font-size: 15px; font-family: Verdana, Geneva, sans-serif;\"><strong>Our client<\/strong><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Our client had moved to Switzerland with their family for work purposes. Therefore, they thought renting their UK property for the next 5 years would be an ideal option to benefit from the extra monthly income.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Their current fixed rate product was coming to an end and they were looking for the most competitive rates for overseas residents.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Their actual lender was refusing to extend the loan due to the client\u2019s new residential status. Naturally, they also wanted to secure this as quickly as possible with interest rates rising<\/span><\/p>\n<h2 style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c; font-size: 15px;\"><strong style=\"background-color: transparent;\">Our solution<\/strong><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Fortunately for our client, Articus specialises in <a style=\"font-weight: normal; text-decoration: underline;\" href=\"https:\/\/backup.articusfinance.com\/fr\/overseas-mortgages\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #45818e; text-decoration: underline;\">overseas borrowers<\/span><\/a>. We approached a lender that we knew would be fine that the client was not British and had an overseas residency, whilst offering a competitive solution.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">The lender was able to offer a 5-year fixed rate in line with the client\u2019s needs and guaranteeing a surplus monthly income.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Articus is a whole of market brokerage and therefore has access to every lender\/institution \u2013 ensuring the best solution for our clients. We work on the side of the client, not the bank.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\"><span style=\"color: #45818e;\"><a style=\"font-weight: normal; text-decoration: underline; color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/fr\/contact#contact-form\" rel=\"noopener\">Get in touch<\/a><\/span> with us today to discuss your mortgage needs.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Sometimes the solution is simple. However, with our <a style=\"font-weight: normal; text-decoration: underline;\" href=\"https:\/\/backup.articusfinance.com\/fr\/our-team\" rel=\"noopener\"><span style=\"color: #45818e; text-decoration: underline;\">brokers&#8217; guidance<\/span><\/a>, experience and ability to see the entire market, the solution could have easily been recovered.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case in brief<\/p>\n","protected":false},"author":1,"featured_media":10109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[68],"tags":[],"class_list":["post-13532","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\/pexels-max-vakhtbovych-7534544-scaled.jpg","_links":{"self":[{"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/posts\/13532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/comments?post=13532"}],"version-history":[{"count":1,"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/posts\/13532\/revisions"}],"predecessor-version":[{"id":20882,"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/posts\/13532\/revisions\/20882"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/media\/10109"}],"wp:attachment":[{"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/media?parent=13532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/categories?post=13532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/fr\/wp-json\/wp\/v2\/tags?post=13532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}