{"id":13489,"date":"2023-01-27T11:21:39","date_gmt":"2023-01-27T03:21:39","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/uncategorized-hk\/buy-to-let-purchase-in-london-for-a-foreign-national-living-in-hong-kong"},"modified":"2023-09-15T11:10:22","modified_gmt":"2023-09-15T03:10:22","slug":"buy-to-let-purchase-in-london-for-a-foreign-national-living-in-hong-kong","status":"publish","type":"post","link":"https:\/\/backup.articusfinance.com\/hk\/case-studies\/buy-to-let-purchase-in-london-for-a-foreign-national-living-in-hong-kong","title":{"rendered":"Buy-to-let purchase in London for a foreign national living in Hong Kong"},"content":{"rendered":"<p style=\"font-size: 15px;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\"><strong>The case in brief<\/strong><\/span><\/p>\n<p><!--more--><\/p>\n<ul style=\"font-size: 13px;\">\n<li>Client: Hong Kong national and resident<\/li>\n<li>Property type: Buy-to-let purchase<\/li>\n<li>Property value: \u00a31 million<\/li>\n<li>Loan Amount: \u00a3650K<\/li>\n<li>LTV: 65%<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #000000; font-family: Verdana, Geneva, sans-serif;\">London has long been an attractive investment prospect for overseas investors. The capital has a robust and resilient property market that remains an attractive option for those looking to buy into the European property market. <\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #000000; font-family: Verdana, Geneva, sans-serif;\">In this case study, we are looking at the situation of a <span style=\"text-decoration: underline;\"><span style=\"color: #45818e;\"><a style=\"color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/hk\/high-net-worth-mortgages\" target=\"_blank\" rel=\"noopener\">High-Net-Worth<\/a><\/span><\/span> foreign investor who wanted to <span style=\"text-decoration: underline; color: #45818e;\"><a style=\"color: #45818e; text-decoration: underline;\" href=\"https:\/\/backup.articusfinance.com\/hk\/buy-to-let-mortgages-in-the-uk\" rel=\"noopener\">purchase a buy-to-let property<\/a><\/span> in London and the journey of securing the mortgage and loan they required.<\/span><\/p>\n<p>&nbsp;<\/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; font-size: 13px;\"><span style=\"color: #000000; font-family: Verdana, Geneva, sans-serif;\">Our client was a foreign national living in Hong Kong \u2013 <a href=\"https:\/\/backup.articusfinance.com\/hk\/uk-mortgages-for-hong-kong-residents\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #45818e;\">click here for our services for Hong Kong residents<\/span><\/a>. This individual was looking to purchase a property worth \u00a31 million in London and required a loan-to-value of 65%. To add to the difficulties \u2013 the client was self-employed and paid himself only the necessary amount of funds each year.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #000000; font-family: Verdana, Geneva, sans-serif;\">Analysis of the client\u2019s goals in buying a property in London was twofold. First, they wish to diversify their investments and move some of their funds out of the volatile Hong Kong market. Second, they believe that the London housing market is an attractive and stable investment opportunity.\u00a0<\/span><\/p>\n<p style=\"text-align: justify; font-size: 15px;\"><span style=\"color: #134f5c; font-family: Verdana, Geneva, sans-serif;\"><strong><br \/>\nOur solution\u00a0<\/strong><\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #000000; font-family: Verdana, Geneva, sans-serif;\">Our client reached out to Articus Finance to obtain the loan they needed. After careful consideration, we chose to approach a <a href=\"https:\/\/backup.articusfinance.com\/hk\/private-bank-mortgages\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #45818e;\">private bank<\/span><\/a> with whom we have a longstanding relationship and that is willing to work with overseas clients. The bank was able to take a more holistic view of the client rather than a simple \u2018black or white\u2019 \u2013 which was needed when assessing income. Our relationship with the bank allowed for the process to be smooth and the broker to ensure as much work was taken off the clients table.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: black; font-family: Verdana, Geneva, sans-serif;\">Articus Finance has extensive experience in helping <a href=\"https:\/\/backup.articusfinance.com\/hk\/foreign-national-mortgages\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #45818e;\">foreign nationals secure mortgages<\/span><\/a> in the UK. Our team of experienced professionals are able to provide tailored solutions to clients who are looking to purchase property in London. <\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: black;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">If you or someone you know is in a simila<\/span>r <span style=\"font-family: Verdana, Geneva, sans-serif;\">situation,<\/span> <span style=\"font-family: Verdana, Geneva, sans-serif;\"><a href=\"https:\/\/backup.articusfinance.com\/hk\/contact\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #45818e;\">contact Articus Finance<\/span><\/a> for expert advice and assistance<\/span>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case in brief<\/p>\n","protected":false},"author":1,"featured_media":13490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[38],"tags":[],"class_list":["post-13489","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\/02\/pexels-olga-lioncat-7245359-scaled.jpg","_links":{"self":[{"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/posts\/13489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/comments?post=13489"}],"version-history":[{"count":1,"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/posts\/13489\/revisions"}],"predecessor-version":[{"id":21153,"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/posts\/13489\/revisions\/21153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/media\/13490"}],"wp:attachment":[{"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/media?parent=13489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/categories?post=13489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/hk\/wp-json\/wp\/v2\/tags?post=13489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}