{"id":19994,"date":"2023-08-18T23:44:55","date_gmt":"2023-08-18T15:44:55","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/uncategorized\/buy-to-let-topslice-mortgage-for-foreign-national"},"modified":"2023-09-15T13:29:55","modified_gmt":"2023-09-15T05:29:55","slug":"buy-to-let-topslice-mortgage-for-foreign-national","status":"publish","type":"post","link":"https:\/\/www.articusfinance.com\/sg\/case-studies\/buy-to-let-topslice-mortgage-for-foreign-national","title":{"rendered":"Buy-to-Let Topslice Mortgage for Foreign National"},"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<ul>\n<li>Client: French National living in <span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">Switzerland<\/span><\/li>\n<li>Loan type: Buy to let Topslice<\/li>\n<li>Property value: \u00a3675.000<\/li>\n<li>Loan Amount: \u00a3 505.000<\/li>\n<li>LTV:74%<\/li>\n<\/ul>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">Articus Finance recently assisted a <a href=\"https:\/\/www.articusfinance.com\/sg\/uk-mortgages-for-french-residents\"><span style=\"color: #45818e;\"><u>French national<\/u> <\/span><\/a>living in Switzerland who had the objective of expanding their UK property portfolio by acquiring a new property. The client owned <span style=\"color: #45818e;\"><a style=\"color: #45818e;\" href=\"https:\/\/www.articusfinance.com\/sg\/buy-to-let-mortgages\"><u>a buy-to-let (BTL) property<\/u><\/a><\/span> valued at \u00a3675,000 in North London. However, the rental yield on this property was below expectations, prompting the need for additional financing. Lenders will \u2018stress test\u2019 the rental income to ensure it will still cover the mortgage if rates were to rise.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">The client faced a dual challenge of not only seeking a lender who could consider their overall financial stability and income but also navigating the complexities of securing a mortgage as a foreign national.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">For French citizens interested in investing in the UK, <a href=\"https:\/\/www.articusfinance.com\/sg\/uk-mortgages-for-french-residents\"><span style=\"color: #45818e;\"><u>visit our page UK mortgages for French citizens<\/u><\/span><\/a>. Here, you will find comprehensive information and resources to assist you in making informed decisions about your investment options.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: verdana, geneva, sans-serif; color: #134f5c; font-size: 10pt;\"><strong>Our solution<\/strong><\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">Articus Finance, known for its expertise in tailoring mortgage solutions for foreign nationals, undertook the task of identifying a suitable lender.\u00a0 The concept of a top-slicing mortgage, where the lender considers both the property&#8217;s rental income potential and the borrower&#8217;s personal financial stability, was central to the solution.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">Looking to purchase or remortgage a property as an overseas resident? <a href=\"https:\/\/www.articusfinance.com\/sg\/guides\/expat-foreign-national\"><span style=\"color: #45818e;\"><u>Download our guide Foreign National and Expat Guide for more information<\/u>.<\/span><\/a><\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">Articus Finance successfully managed to connect with a Lender specialising in Top Slice mortgages, also one that was open to working with foreign nationals living abroad. This lender recognised the value of the client&#8217;s overall financial position, which encompassed not only the rental income from the BTL property but also the client&#8217;s personal income and assets.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">As a result, Articus was able to approve a mortgage loan of \u00a3505,000 against a \u00a3675.000.00 property to support the client&#8217;s investment goals.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; color: #134f5c; font-size: 10pt;\"><strong>Conclusion<\/strong><\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">This case demonstrates Articus Finance&#8217;s specialisation in securing mortgages for foreign nationals and its ability to navigate complex mortgage scenarios.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 10pt;\">If you are a foreign national looking for a mortgage that factors in your unique financial circumstances, Articus Finance is here to assist. <span style=\"color: #45818e;\"><a style=\"color: #45818e;\" href=\"https:\/\/www.articusfinance.com\/sg\/contact\"><u>Contact us today<\/u><\/a><\/span> to explore how we can help you achieve your property investment aspirations, regardless of your residency status or location.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case in brief Client: French National living in Switzerland Loan type: Buy to let Topslice Property value: \u00a3675.000 Loan Amount: \u00a3 505.000 LTV:74% Articus Finance recently assisted a French national living in Switzerland who had the objective of expanding their UK property portfolio by acquiring a new property. The client owned a buy-to-let (BTL) [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":19119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[69],"tags":[],"class_list":["post-19994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/posts\/19994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/comments?post=19994"}],"version-history":[{"count":1,"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/posts\/19994\/revisions"}],"predecessor-version":[{"id":21306,"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/posts\/19994\/revisions\/21306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/media\/19119"}],"wp:attachment":[{"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/media?parent=19994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/categories?post=19994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.articusfinance.com\/sg\/wp-json\/wp\/v2\/tags?post=19994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}