At Enness, we recently assisted a UK national living abroad with the successful purchase of a circa £10,800,000 property in Central London.
Due to the client’s overseas residency and income sourced in foreign currency, securing a mortgage through traditional UK lenders was challenging. Many lenders were unable to offer financing under these circumstances. Additionally, the client faced a tight timeline, needing to complete the purchase within one month, before the UK budget announcement, making standard mortgage processes impractical.
Leveraging our expertise and strong relationships with private banks, Enness secured a tailored mortgage offer and facilitated the opening of a private banking account within this tight timeframe. This swift and bespoke solution enabled the client to complete their Central London property purchase on schedule, overcoming obstacles that would have otherwise delayed the transaction.
If you’re an overseas borrower looking to finance a UK property purchase with complex residency or income circumstances, Enness offers expert mortgage advice and access to exclusive lenders who understand your unique needs.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
Property values can fall as well as rise, and you may not get back the amount originally invested. Property investments can be illiquid and may take time to sell. Where borrowing is used, your property may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.
