Foreign national buying in the UK


Our client approached us with a very complicated set of circumstances. He has dual nationality – American and French Canadian – was moving back to the UK from a posting in Washington DC, and he was moving jobs. So while he wanted to borrow a fairly modest £300,000 against a property purchase price of £995,000, it was a difficult call for many lenders. He has just left a full-time position at a leading firm of management consultants to become a self-employed contractor, working with US companies, and is paid in US Dollars.


Using our knowledge of the market and our extensive range of contacts at private banks and other specialist lenders, we negotiated a deal. Together our client and his British wife are borrowing £300,000 against a property purchase price of £995,000 at 2.99% fixed for a two year term (APR 4.6%* - the overall cost for comparison).


The clients are paying an arrangement fee of just £899.


*APR (the overall cost for comparison) calculation based on a 2 year term, interest only mortgage with £899 arrangement fee, legal and valuation fees of £4,000. The actual rate available will depend on your circumstances. Ask for a personalised illustration.


© Private Finance Limited, 2016. Private Finance provides independent mortgage advice and arranges individual mortgage solutions for clients. Private Finance is a trading style of Private Finance Ltd, 21 Bedford Square, London WC1B 3HH, registered in England no. 3855776 and Private Finance Associates LLP (PFA LLP) of the same address, registered in England no. OC357301. PFA LLP is an Appointed Representative of Private Finance Ltd. Charges are based on the loan amount and the complexity of your needs and circumstances. Our maximum fee is 1% however typically our average fee has been 0.28%, i.e. £980 on a loan of £350,000. Private Finance Limited is authorised and regulated by the Financial Conduct Authority (FCA registration number 310566).

Private Finance Ltd is rated 4.93 stars by based on 69 merchant reviews

4.93 / 5 Rating
69 Reviews
From the outset Tom conducted himself in a thoroughly professional, efficient and friendly manner. He listened to my requirements, explained the options open to me clearly and concisely, He turned a complicated situation into a straight forward course of action and either he or a member of his team kept me informed throughout the process. I would not hesitate to recommend Tom and Private Finance to anyone. I genuinely hope to be using their expertise again in the not too distant future.
Jason dealt with my application efficiently and was able to secure a mortgage for me on far better terms than I had originally anticipated. He was very easy to deal with; speaking in plain English and taking the time to ensure that I fully understood all the technical stuff. He responded to any queries in a timely fashion and kept the ball moving with the mortgage company. I was recommended to Private Finance by a previous customer of theirs and would not hesitate to recommend them to others.
Simon Kelly provided an excellent and efficient service, and I would strongly recommend his services to others.
The British Mortgage Awards 2015 back to top