London property has long been considered a safe haven for investors looking to put their money into a secure asset. Indeed, we have worked with a huge number of expat and foreign national clients looking to purchase in London. We are extremely experienced in arranging property finance for non-UK residents, overcoming hurdles set by lenders thanks to our excellent relationships and vast network of lenders.
Wherever you are in the world, we can help you purchase property in London, taking a holistic view of your circumstances, rather than just your residency.
WHAT DO EXPATS AND FOREIGN NATIONAL CLIENTS NEED TO KNOW ABOUT LONDON MORTGAGES?
For high net worth expat or foreign national clients, country of residence, income structure and worldwide assets all play a role in a lender’s willingness to lend..
Depending on the jurisdiction in which your income is based or you reside, you may be required to appoint an internationally accredited accountant – particularly if you are self-employed. It is also crucial to be able to evidence your source of wealth.
Borrowing options can be limited to expat clients – for example, some lenders will insist the property is rented out whilst you are expatriated, unless a member of your family will be living in it. As with foreign nationals, you will be required to prove your source of income.
HOW CAN ENNESS HELP WITH LONDON MORTGAGES?
We have experience in securing property finance for both expat and foreign national clients from all over the world. We work with a huge number of lenders who will lend to non-UK residents for property purchases, and our brokers are skilled in sourcing the right one for your individual circumstances.
As well as arranging UK property finance, if you are moving foreign currency to the UK for your purchase, we can put you in touch with specialist tax advisors to ensure this process is efficient. We can also handle your foreign exchange (FX) requirements, giving you access to the most preferential market rates.
To discuss your London property purchase and mortgage requirements, our multilingual team of advisers are on hand to talk you through your options.