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 90 merchant reviews

4.93 / 5 Rating
90 Reviews
I have been using Private Finance for the last four years for development finance, buy-to-let mortgages and most recently on a residential remortgage. On every occasion they have offered invaluable advice and exceptional service. On our recent remortgage where we had quite unconventional requirements we were assisted by Salman Sarwar who has gone above and beyond all my expectations in terms of communication and his efforts in negotiating and progressing our application with the lender. I would highly recommend to anyone.
I had an initial consultation with Edward Checkley, who was very professional and efficient. My case was then handled by Salmon Sarwar who is very personable and has provided a good level of customer service, keeping me up to date with the progress of my re-mortgage. I am very happy with the level of service I have received.
Efficient and friendly, professional, easy to get hold of, happy to answer any questions, has a good knowledge of our personal needs, we have recommended you many times over to friends and family, will use again. Thank you.
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