The case in brief
- Client: Qatar National & UK Resident
- Property type: Residential Property
- Property value: £3,200,000
- Loan Amount: £2,400,000
- LTV: 75%
Foreign nationals looking to invest in the UK property market have been steadily increasing over the years. The UK property market is a desirable investment option for overseas clients looking for a historically safe long term investment. To find out how we can assist foreign nationals, visit our page, UK Mortgages for Foreign Nationals.
However, for these clients, the mortgage application process can be daunting, with varying eligibility criteria and different lender policies. This is where Articus Finance comes in; we specialise in helping overseas clients secure mortgages in the UK. In this case study, we will look at how we helped a high-net-worth Qatar national and resident remortgage their £3.2 million residential property in London to release equity in for business purposes.
Our Client
Our client was a Qatar National who is currently living in the UK. They owned a modern apartment in London worth £3.2 million and were looking to release equity to invest in their family business in Qatar. As a high-net-worth individual, they were looking to release £2.4m on an interest only basis.
Our Solution
Our team at Articus Finance has extensive knowledge of the UK mortgage market and has built strong relationships with different lenders. We were able to leverage this expertise to find a lender who was willing to work with our client’s specific requirements.
We managed that the client to obtain an interest-only remortgage, with a loan amount of £2.4 million. We also ensured that the client was able to secure the mortgage at a competitive interest rate, which would help them achieve their financial goals.
At Articus Finance, we understand that each client is unique, and their financial requirements are different. We take pride in being able to provide bespoke mortgage solutions that meet our clients’ specific needs. This case study highlights how we were able to help a high-net-worth Qatar resident remortgage their residential property in London, releasing equity to invest in their family business in Qatar.
If you are a foreign national client looking to invest in the UK property market and need assistance with your mortgage application, do not hesitate to contact us at Articus Finance. Our team of experts is always ready to help you achieve your financial goals.