Holborn Property are proud to partner with International Property Finance Group (IPFG) for mortgage solutions
The focus of our partnership with IPFG is to continue growing the vast knowledge of the ‘buy-to-let & off-plan’ market, provide superior lending options and to further support the growth of our client’s property portfolios.
IPFG’s mission is to continually develop relationships & products for new markets in Asia and Europe, supporting global sales force of property consultants with a 96% success rate of the global client bank.
UK mortgages
Trying to source a mortgage in a country that you do not currently reside in can seem very complex. Rest assured however, if you’re looking for a residential mortgage or buy-to-let we can help.
When getting a mortgage, each bank has their own criteria so it is important that you speak to an expert who understands each banks conditions. There are many reasons why a bank is more cautious when lending to an expat which is mainly due to the difficulty in following procedures that guarantee the borrower’s financial stability.
If a bank sees a client as a higher risk, they will either refuse to lend to them or they may offer a higher interest rate to offset the risk. As an expat, you may find it slightly harder to get a mortgage and could end up paying a slightly higher interest rate.
Refinancing Your Property Portfolio
Refinancing your existing property or properties may provide an opportunity to expand your portfolio without requiring additional funds. Historically, UK property prices have shown long-term growth, and if you invested in property five or more years ago, you may have built up equity that could be leveraged for reinvestment.
With borrowing costs for UK buyers currently at competitive rates, now could be a good time to explore your refinancing options. We can introduce you to mortgage specialists who can assess whether refinancing could help you optimize your property investments.
Contact us today for a no-obligation introduction to the mortgage experts.