Great news! The UAE (including Dubai) have been removed from the FATF list and therefore we can now accept Holiday Let, Airbnb, Buy to Let (regulated and unregulated), residential and bridging applications from your clients working and living in the UAE.
You can find the list of countries we can consider here: https://mhbs.co.uk/intermediaries/submit-a-case/countries/
But it’s always worth a call to myself or contact the broker helpline on 01858 412345 or email brokers@mhbs.co.uk , if you can’t find the subject country on the list or if you have any cases you would like to run past me, my direct line is 07512332531 / 01858 412420 or email me at bsteenkamp@mhbs.co.uk
I look forward to hearing from you, in the meantime I have enclosed some of our great and unique USPs for your perusal:
- Expat lending – Residential and buy to let, many countries and currencies considered.
- BTLs – Including multi units, regulated lets and low yield properties. No upper age limit.
- Holiday lets – Including multi units, non-owner occupier and Airbnb. Regulated lets also considered.
- Unusual properties – Including annexes, multiple kitchens, multiple buildings, large acreage.
- High Net Worth – Flexible approach to income and affordability for HNW clients.
- Older borrowers – Lending to age 85 including interest only, income from SIPPs or other pension drawdowns.
- Remortgage – Including capital raising to gift funds to family or buy investment properties.
- Regulated bridging – Interest roll up and no ERCs. Various scenarios considered including rebridge and raising funds against a residence for development.
- Complex income – Including foreign currency income, trust and investment income, maintenance income and various income sources.
- Interest only – Including sale and downsize and other repayment strategies such as properties, investments and pension lump sums.
- Multi-generation solutions – For families and friend groups, up to four applicants/incomes.
- Joint borrower sole owner – With no family requirement. Can be combined with multigeneration solutions.
We also have more information at our MHBS for intermediaries website which you can find by clicking on the following link = https://mhbs.co.uk/intermediaries/contact-us/