£350k UK Mortgage For A Foreign National Living In Reading - October 17, 2018

Area: Reading, Berkshire

Loan Amount: £350k

On many occasions we are contacted by foreign nationals who have moved to the UK and are now living and working here to buy a property. we are well versed in assisting clients who are foreign nationals with obtaining a mortgage, as the case study below sets out.

We were recently approached by a foreign national who had moved to the UK from Poland. They were a partner in a successful building and construction business with a 50% shareholding.4862188289_6869394939_b

The client wished to raise £350k to buy a property just on the outskirts of Reading. Due to some increased potential risk with lending to people without a comprehensive UK traceable credit history the majority of the high street lenders he had visited were reluctant to lend such an amount – considering the business had only been operating in the UK for a few years.

As we have access to the majority of the mortgage market and are not locked into a set panel of lenders we we were able to source a competitively priced mortgage option and rate for him to enable him to purchase the property.

Are you a foreign national looking to buy a property in the UK? Call our specialist team on 01249 474952 or complete the contact form below and we will be in touch.

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