From bases in Zürich and Geneva, Enness’ team of advisers source and negotiate significant property finance for UK property acquisitions for Swiss nationals and residents. This case is an excellent example of how our advisers can help you access the best rates and terms for UK property purchases.
In this scenario, we were approached by a Swiss national and resident looking to purchase an £815,000 penthouse apartment in London. Located in the cosmopolitan lifestyle hub of Canary Wharf, the property was intended to be used by the client's son whilst studying in London. The client was looking for a 75% LTV mortgage.
The client was self-employed as a real estate agent with a complex income structure, which made the case challenging. If you are based in Switzerland and work for yourself in any capacity, how you present your case to lenders is of utmost importance. Here at Enness, we will analyse your assets and financial background to help you understand the best option for a UK mortgage, who the best lenders are, and how to show your application in the best possible light. However much you are looking to borrow, your broker will be able to present your application to the lenders that can cater most advantageously to you.
We secured a 75% LTV (loan-to-value) mortgage that met all of the client's requirements. We secured a term up to their 80th birthday to reduce the monthly payments as much as possible, allowing the client to free up more disposable income to support their son's studies in the UK. As this case highlights, Enness will build and deliver a bespoke package that meets all your needs as precisely as possible whilst ensuring your headline mortgage costs are as low as possible.
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