{"id":13439,"date":"2023-03-01T01:54:10","date_gmt":"2023-02-28T17:54:10","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/non-classifiee\/uk-property-refinance-for-italian-national-in-switzerland"},"modified":"2023-08-11T10:36:33","modified_gmt":"2023-08-11T02:36:33","slug":"uk-property-refinance-for-italian-national-in-switzerland","status":"publish","type":"post","link":"https:\/\/www.articusfinance.com\/fr\/case-studies\/uk-property-refinance-for-italian-national-in-switzerland","title":{"rendered":"UK Property refinance for Italian National in Switzerland"},"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<p><!--more--><\/p>\n<ul>\n<li>Client: Italian National in Switzerland<\/li>\n<li>Property type: Residential Remortgage<\/li>\n<li>Property value: \u00a3750,000<\/li>\n<li>Loan Amount: \u00a3300,000<\/li>\n<li>LTV: 40%<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Articus has a successful history of helping <a href=\"https:\/\/www.articusfinance.com\/fr\/foreign-national-mortgages\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #45818e;\"><u>non-UK residents refinance<\/u><\/span><\/a> their UK home, whether approaching the end of their current terms, seeking more affordable options, or needing to break a mortgage for any reason. Recently, we were contacted by an individual from Italy who wanted to refinance a property they had bought earlier in the year.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">If you\u2019re looking for a foreign national mortgage, you\u2019re not alone \u2013 Download our <a href=\"https:\/\/www.articusfinance.com\/fr\/guides\/expat-foreign-national\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #45818e;\"><u>Expat and Foreign National Guide<\/u><\/span><\/a> for more information.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\"><strong>Our client<\/strong><\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">The client was an Italian national living in Switzerland. <a href=\"https:\/\/www.articusfinance.com\/fr\/uk-mortgages-for-residents-in-switzerland\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #45818e;\"><u>Click here<\/u><\/span><\/a> to learn how we assist Swiss residents. Following the client&#8217;s recent divorce, they were granted ownership of a rental property in Italy and a residential property located in Chelsea valued at \u00a31.6 million. Subsequently, the client sold the Chelsea property and utilized the sale proceeds to purchase a 4-bedroom property in North East London worth \u00a3750,000, which they intended to refurbish.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Despite having adequate savings to fund the renovation, the client prioritized maintaining liquidity due to their plans to start a business in Switzerland in the near future. However, the situation was complicated by the client&#8217;s lack of current employment, as their income consisted solely of rental earnings from <span style=\"color: #45818e;\"><a style=\"color: #45818e;\" href=\"https:\/\/www.articusfinance.com\/fr\/buy-to-let-mortgages\" target=\"_blank\" rel=\"noopener\"><u>a buy-to-let property<\/u><\/a><\/span> in Italy.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\"><strong>Our solution<\/strong><\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">When considering refinancing, it&#8217;s crucial to assess the associated costs and compare them against the expenses of a new mortgage product. Some borrowers assume that a lower interest rate always justifies refinancing, but in reality, short-term savings may not always outweigh long-term gains.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">At Articus, we can aid you in comparing and comprehending mortgage offers presented by one of our specialised brokers. This way, you can obtain an overview of the situation and confirm whether switching to a new mortgage is the most suitable option for you.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">By utilizing our extensive network of lenders, we identified a lender capable of accommodating the client&#8217;s unique circumstances and devising a customized refinancing solution. Whether you require property refinancing for any reason, Articus is dedicated to providing assistance.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Don&#8217;t hesitate to <a href=\"https:\/\/www.articusfinance.com\/fr\/contact\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #45818e;\"><u>contact us to discuss<\/u><\/span><\/a> your situation today.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case in brief<\/p>\n","protected":false},"author":1,"featured_media":10465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[68],"tags":[],"class_list":["post-13439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/posts\/13439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/comments?post=13439"}],"version-history":[{"count":0,"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/posts\/13439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/media\/10465"}],"wp:attachment":[{"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/media?parent=13439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/categories?post=13439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.articusfinance.com\/fr\/wp-json\/wp\/v2\/tags?post=13439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}