Recently we had a broker looking to source a loan for a UK National residing in the USA and working for a leading motor car company…
It all began when the client received a generous bonus, sparking the desire to diversify his investments. With an astute eye for potential, he set his sights on the UK rental market, aiming to acquire a high net-worth property to complement his existing buy to let portfolio. But this wasn’t just any investment venture. Armed with a substantial deposit, our client sought a 50% LTV loan.
His journey led him to the picturesque Hampshire countryside, where he found a property that epitomized luxury living. With an offer accepted for over £1 million, this investment promised not just returns, but a great addition to his portfolio. His current UK property, once his residential abode, had seamlessly transitioned into a rental asset, with all income diligently reported to HMRC.
When it came to securing a mortgage with us, our client’s credentials spoke volumes. With his employer vouching for his residential status and period of residency, coupled with a salary surpassing the £40k minimum requirement, it allowed us to offer him a 5-year fixed rate with ease.
Why Keystone
Ex-Pats accepted
Must own 1 BTL in the background
Let on short-term basis for at least 210 days per 365 day period