The case in brief
- Client: UK National & Monaco Resident
- Property type: Buy-to-let Refinance
- Property value: £1,950,000
- Loan Amount: £1,140,000
In this case, we were contacted by clients based in Monaco who owned a number of high-value Buy to Let properties in and around London. One of the properties was nearing the end of its mortgage term– they reached out to Articus to assist.
Looking for more information on Buy-to-Let’s – download our guide here.
Our client
The clients were Monaco residents and had been for the past 14 years. They owned four high-value properties in Prime Central London and two other properties just outside the M25. The complicated part of this was the fact that as non-residents traditional banks would like to see another type of income, not solely rental.
Looking to purchase or remortgage a property as an overseas resident? Download our guide for more information.
Our solution
Considering their needs, we approached a specialist bank that agreed to provide a tailored solution for our clients. The bank understood our clients’ unique circumstances and financial position and was happy to secure the loan based on their high-net-worth background.
Our broker worked closely with the bank to present a comprehensive financial analysis of our client’s investment properties. This included detailed information on rental income, property values, and market trends.
Furthermore, the lender offered competitive interest rates and favourable repayment terms, taking into consideration the clients’ high-net-worth status.
If you are looking for personalized financial solutions or looking to remortgage your property, contact Articus today. Our experienced team of professionals provide comprehensive and customised financial services to meet your specific needs and help you achieve your goals.