65% LTV international buy to let mortgage secured for an overseas client
What was the situation?
Our client, based in Hong Kong, was purchasing a new build buy to let property in the UK under their sole names. Despite having a strong property portfolio and proven track record as a landlord, they approached LDN Finance after being declined by a high street lender whose internal exposure limits had been reached.
With only 30 days to complete and a 25% deposit already committed, they required an international buy to let mortgage from a UK lender to keep the purchase on track and meet the developer’s deadline.
What was the issue?
The client’s overseas residency added complexity around income assessment and portfolio structure. Following the initial decline, it was crucial to identify a lender whose criteria aligned with the client’s circumstances and who would take a considered approach to assessing their overall financial position.
What was the process?
What was the solution?
The lender’s underwriting model and efficient turnaround times enabled the transaction to progress quickly and meet the developer’s deadline. A 65% loan to value buy to let mortgage on a two year fixed rate of 5.34% was secured, enabling completion within the required timeframe.
The result showcases the value of LDN Finance’s lender relationships and expertise in arranging buy to let finance for overseas clients with complex circumstances.
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Testimonials
Our happy clients
As a returning customer, I would like to express my sincere thanks to the team for their outstanding support during the completion of my property purchase. In particular, Catherine and Darren have been incredibly helpful throughout the process. Their communication, professionalism, and customer service have been absolutely excellent, making the entire experience smooth and reassuring. Many thanks again for all your hard work.
My fiancée and I were recommended to LDN Finance when we started our mortgage journey, and the service we have received, and continue to receive, has been outstanding throughout. Phil Levesley initially looked after us and made what can be a very daunting process feel straightforward and easy to understand. He took the time to explain everything clearly, never rushed us, and was always happy to answer any questions we had. Nothing ever felt like too much trouble. As part of the process, we also wanted to explore a number of protection policies, and Phil introduced us to his colleague,
Owen was absolutely amazing and supported me every step of the way throughout the mortgage process. He was always clear, patient, and incredibly reassuring, making what could have been a stressful experience feel smooth and manageable. Bharathy was also really helpful, promptly getting in touch and making sure all the relevant information was handled efficiently. I couldn’t be happier with the service and would highly recommend them both. Five stars without hesitation.
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