Case Study –New Residential Purchase | British Expat Returning to the UK

Value	£3,000,000
Loan	£1,500,000
Location	UK
LTV	50%

The Client

Our client was a British Expat returning to the UK, following a promotion within his company, having spent the last six years living in the US.

Although our client wasn’t due to start his new role for six months, he wanted to secure a property before returning to the UK.

The Solution

For many lenders, their criteria would not allow them to approve an application for a client without a recent track record of income within the UK. However, our client was able to obtain a contract from his employer that outlined his income in sterling for his new role starting in six months. With this documentation in hand, we were able to reach out to several high street lenders who were willing to accept the value of the contract now.

The Henry Dannell Difference

With our understanding of our client's business and professional sector, we were able to provide the lender with a comprehensive overview of our client's expected income over the next three to five years. This enabled us to obtain our client the best possible high street rate.