Expat Property Investor Living in Canada Secures UK Commercial Remortgage

We’re thrilled to share a recent success story where our client, a seasoned portfolio landlord, achieved their goal and secured lower-than-expected rates on two commercial remortgages.

Most cases come with their own unique set of challenges, and this case was no exception. Our client, a permanent resident in Canada, approached us seeking to remortgage two commercial properties based in the UK to raise capital for future investments. While considered a standard commercial transaction in the realm of specialist finance, the expat element presented an additional hurdle.

The majority of lenders often view expats as higher risk, narrowing the potential pool of lenders and making the process of remortgaging the UK-based properties far more complex.

Overcoming Challenges for Expat Clients

By leveraging our established and trusted relationships with lenders, we were able to gain access to decision-makers who could truly understand the potential of our client’s business. Presenting our client’s strong financial profile, demonstrating their proven track record, and well-defined investment plan with solid financial projections, convinced the lender to take a more holistic view of the case, looking beyond the standard metrics and criteria.

The result? Our client secured highly competitive interest rates on both commercial units, significantly reducing their monthly outgoings and freeing up the capital needed for their investment goals.

Matt Karagul, Specialist Finance Adviser at Henry Dannell, comments: “At Henry Dannell, navigating the nuances to help clients overcome complexities is what we do best. Many clients approach us after being told by a lender or even another financial adviser that their goals are impossible. The key differentiator in specialist commercial finance is establishing lender relationships and having a deep understanding of each client’s financial situation. By leveraging these strengths, we were able to overcome the expat hurdle in this particular case and deliver a winning outcome for our client.

At Henry Dannell, we specialise in navigating the intricate landscape of specialist finance and craft bespoke solutions that align with our clients’ circumstances and objectives. If you require a specialist commercial finance solution, our team of expert advisers is here to help you achieve your goals.

Please note: a mortgage is secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. 

Author:
Matt Karagul
Specialist Finance Adviser
CONTACT

Related Articles

Henry Dannell Secures £4.5m Loan for Portfolio Landlord’s Investment Expansion

At Henry Dannell, we are pleased to announce the successful facilitation of a £4.5m loan for an experienced portfolio landlord, unlocking new avenues of growth and expansion for our client’s investment portfolio amidst evolving market conditions. Our client, an experienced portfolio landlord, possessed a diverse array...

Read More

Generating Notional Income from Your Investment Portfolio to Secure a Mortgage

Are you seeking a mortgage without verifiable income, but have significant assets that can justify a mortgage loan? Although self-certification mortgages are a thing of the past, we have entered a realm where clients without provable tax return income can explore mortgage options. Who...

Read More

Landlord Confidence Restored with Renewed Appetite for Five-Year Fixed Rates

Landlords remortgaging their properties have displayed renewed faith in fixed rate mortgages. A recent survey of these property owners has shown a resurgence in the popularity of five-year fixed mortgages.[1] The survey revealed that 51% of landlords who were considering remortgaging would choose...

Read More

Henry Dannell Secures £4.5m Loan for Portfolio Landlord’s Investment Expansion

At Henry Dannell, we are pleased to announce the successful facilitation of a £4.5m loan for an experienced portfolio landlord, unlocking new avenues of growth and expansion for our client’s investment portfolio amidst evolving market conditions. Our client, an experienced portfolio landlord, possessed a diverse array...

Read More

Generating Notional Income from Your Investment Portfolio to Secure a Mortgage

Are you seeking a mortgage without verifiable income, but have significant assets that can justify a mortgage loan? Although self-certification mortgages are a thing of the past, we have entered a realm where clients without provable tax return income can explore mortgage options. Who...

Read More

Landlord Confidence Restored with Renewed Appetite for Five-Year Fixed Rates

Landlords remortgaging their properties have displayed renewed faith in fixed rate mortgages. A recent survey of these property owners has shown a resurgence in the popularity of five-year fixed mortgages.[1] The survey revealed that 51% of landlords who were considering remortgaging would choose...

Read More
}