Over the last ten years, Enness has worked with clients from all over the world to arrange large loans. Increasingly, we’re seeing clients diversify across Europe in terms of the location of their investments. However, as our consistent stream of large UK mortgage enquiries shows, international clients still have a significant appetite for UK properties, regardless of political and economic uncertainties.
Fortunately, there are many excellent lenders who can cater for this demand. Our product of the week, suitable for loans up to £10million, comes from a lender with a specialist international client offering. Many lenders are reticent about lending so much to international clients—a great many will cap borrowing at around the £1million—so this is an unusual opportunity to secure a large loan at a good rate, without assets under management.
The product is a 5-year fixed rate at 3.25%, available up to 75% loan to value (LTV). Such a product allows you to plan ahead in terms of payments, protecting you from potential Bank of England (BOE) rate rises.
This product allows clients based in over 30 different countries worldwide to purchase a home in the UK, either for themselves or a relative to live in. It Is therefore ideal for those with a range of ambitions, from buying a second home to purchasing a secure spot for your children to live in whilst studying in the UK. This lender’s strong international banking offering makes an ideal match if you have a global profile.
- 5-year fixed rate
- Loans up to £10million
- Up to 75% LTV
- Suitable for international clients
We have a fantastic relationship with this lender, having worked with them on numerous occasions. We are therefore ideally placed to work with them on your case, if you are looking for a mortgage of up to £10million.