{"id":13722,"date":"2022-09-13T15:08:49","date_gmt":"2022-09-13T07:08:49","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/uncategorized-us\/high-net-worth-mortgage-for-british-expat-in-the-us"},"modified":"2023-09-17T13:40:19","modified_gmt":"2023-09-17T05:40:19","slug":"high-net-worth-mortgage-for-british-expat-in-the-us","status":"publish","type":"post","link":"https:\/\/backup.articusfinance.com\/us\/case-studies\/high-net-worth-mortgage-for-british-expat-in-the-us","title":{"rendered":"High Net Worth mortgage for British Expat in the US"},"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: 13px;\">\n<li>Client: British-American National &amp; UK Resident<\/li>\n<li>Property type: Residential Home<\/li>\n<li style=\"text-align: justify;\">Property value: <span style=\"color: black;\">\u00a32.4 million <\/span><\/li>\n<li>Loan Amount: <span style=\"color: black;\">\u00a31.8 million <\/span><\/li>\n<li>LTV: 75%<\/li>\n<\/ul>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #0e101a; font-family: Verdana, Geneva, sans-serif;\"><br \/>\nHere at Articus finance, we predominately work with<a style=\"font-weight: normal;\" href=\"https:\/\/backup.articusfinance.com\/us\/high-net-worth-mortgages\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"> <span style=\"color: #45818e; text-decoration: underline;\">high-net-worth borrowers<\/span><\/span><\/a> who respect and value the company\u2019s experience and want to ensure a straightforward process and outstanding service. The following case involves arranging a\u00a0<span style=\"color: #45818e;\"><a style=\"font-weight: normal; color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/us\/high-loan-to-value-mortgages\" target=\"_blank\" rel=\"noopener\"><u>high-value mortgage<\/u><\/a><\/span>\u00a0for a foreign national.<\/span><\/p>\n<p style=\"font-size: 13px; text-align: justify;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\"><span style=\"color: #000000;\">To find out more about property finance for overseas clients, explore our page<\/span> <span style=\"color: #45818e;\"><a style=\"text-decoration: underline; font-weight: normal; color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/us\/uk-mortgages-for-us-citizens\" target=\"_blank\" rel=\"noopener\">UK Mortgages For US Citizens.<\/a><\/span><\/span><\/p>\n<p style=\"font-size: 13px;\"><span style=\"color: #134f5c; font-family: Verdana, Geneva, sans-serif; font-size: 15px;\"><strong>Our client<\/strong><\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #0e101a; font-family: Verdana, Geneva, sans-serif;\">Our client was a dual-nationality British-American with income earned from rental properties in the UK. They were looking for a UK mortgage as a British Expat. More specifically, they intended to remortgage their UK property from a residential mortgage to a buy-to-let mortgage. Their grandson was due to be born in the following months so they would not have the time to travel back and forth from the UK. However, they wanted to retain the property, as opposed to selling it, as they intended to move back to the UK in approximately 5 years\u2019 time.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #0e101a; font-family: Verdana, Geneva, sans-serif;\">The challenges in accessing mortgage lending were their age and the fact that Expat lenders are often unwilling to consider income from rented residential properties &#8211; due to the enhanced risk of voids.<\/span><\/p>\n<p style=\"font-size: 15px;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\"><strong style=\"background-color: transparent;\">Our solution<\/strong><\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #0e101a; font-family: Verdana, Geneva, sans-serif;\">In this instance, we were able to find a lender with a good track record of working with British Expats and willing to give our client a 5-year mortgage. Articus Finance works closely with this lender on a regular basis and was able to negate the risks mentioned above. The lender was happy to lend on the basis that the income generated from the buy-to-let residential property sufficed. <\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #0e101a; font-family: Verdana, Geneva, sans-serif;\">We ultimately obtained a <span style=\"color: #45818e;\"><a style=\"font-weight: normal; color: #45818e;\" href=\"https:\/\/backup.articusfinance.com\/us\/buy-to-let-mortgages\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\">buy-to-let mortgage<\/span><\/a><\/span> of \u00a31.8 million against a property value of \u00a32.4 million. <\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"color: #0e101a; font-family: Verdana, Geneva, sans-serif;\">Articus Finance specialises in helping <span style=\"color: #45818e;\"><a style=\"color: #45818e; font-weight: normal;\" href=\"https:\/\/backup.articusfinance.com\/us\/high-net-worth-mortgages\" rel=\"noopener\"><span style=\"text-decoration: underline;\">High Net Worth<\/span><\/a><\/span> and international citizens secure the best mortgage option in the UK. If age has been an issue or you have an unusual income stream and need to secure lending on your property, Articus is the expert for you. You can <a href=\"https:\/\/backup.articusfinance.com\/us\/contact#contact-form\" rel=\"noopener\"><span style=\"text-decoration: underline; font-weight: normal; color: #45818e;\">contact us<\/span> <\/a>today.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case in brief<\/p>\n","protected":false},"author":1,"featured_media":13723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[61],"tags":[],"class_list":["post-13722","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\/iStock-467788688.jpg","_links":{"self":[{"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/posts\/13722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/comments?post=13722"}],"version-history":[{"count":1,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/posts\/13722\/revisions"}],"predecessor-version":[{"id":21473,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/posts\/13722\/revisions\/21473"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/media\/13723"}],"wp:attachment":[{"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/media?parent=13722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/categories?post=13722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/tags?post=13722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}