Large UK Mortgage for British Expat Based in Switzerland

Head of Insurance

Victoria Barton

Large mortgage in the UK for British expat based in Switzerland
Victoria Barton
Head of Insurance

Victoria Barton

Key Facts

  • UK National, Swiss Resident
  • Residential property in Kent
  • Property value: £635,000
  • LTV: 75%
  • 1.59% 5-year fixed rate

Since Enness was established in the heart of London’s Mayfair over a decade ago, we have worked with clients from all over the world to arrange large loans. The UK remains a popular location for both expats and foreign nationals buying property.

A recent case involves arranging a large mortgage on residential property in Kent. The client was a British expat living and working in Geneva who wanted to retire in the UK. The client was looking for the highest possible LTV (loan-to-value) mortgage with a fixed rate.

Arranging mortgages for British expats can be incredibly challenging, particularly if they receive their salary in a foreign income. Moreover, we also needed someone who could take the loan beyond the UK state retirement age as the client needed a term of 10 years and was 61. On top of that, the client had a limited credit footprint in the UK. Read more about UK mortgages for non-residents.

Fortunately, the Enness team were able to secure a fantastic 5-year fixed rate of just 1.59%. Not only could the lender help with all the aforementioned challenges, the rate was also on par with UK high street rates, which meant the client did not have to pay any premium. This case highlights how mortgages for British expats need not be prohibitively expensive, allowing such clients to keep a foothold in the stable British property market.

The UK's finance options are plentiful. There are huge pools of liquidity, and you can enjoy flexible lending terms. If you have unusual circumstances and need to secure lending to purchase a property, Enness is the specialist for you.

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