BESPOKE BRIDGING LOAN

& SHORT TERM LENDER

LOANS FOR FOREIGN

NATIONALS & EXPATS

KNOWLEDGE BASE

There   are   many   reasons   why   Foreign   Nationals   buy   property   in   the   UK.   A   rich   culture   and   history,   political   stability,   iconic   locations   and   excellent   schools and   universities   to   name   but   a   few.   Add   to   these   the   inherent   strength   of   the   UK   property   market   and   it   is   little   surprise   that   purchasing   an   investment property in the UK remains an extremely attractive and potentially very lucrative opportunity for both Foreign Nationals and Expats alike. Indeed,   in   the   wake   of   the   Brexit   referendum   the   immediate   devaluation   of   the   Pound   against   a   raft   of   international   currencies   helped   to   offset   the   stamp duty   tax   changes   made   by   George   Osbourne   that   had   so   disproportionately   impacted   high   end   properties   in   London.   Stamp   duty   of   up   to   15%   on residential   investment   properties   was   offset   by   a   similar   devaluation   in   sterling   which   ensured   that   foreign   national   and   Expat   interest   in   London,   as   well   as other strongly performing parts of the UK, has remained strong. Only   a   select   number   of   specialist   lenders   are   prepared   to   offer   bridging   loans   to   Foreign   Nationals   and   Expats   and   although   the   products   offered   are generally   the   standard   options   available   to   all   UK   based   borrowers   the   verification   processes   are   understandably   more   rigorous.   All   overseas   clients   will generally   require   a   UK   bank   account   and   many   lenders   will   insist   on   all   documentation   being   completed   in   the   UK   at   a   solicitor   of   the   clients   choosing. Income checks will be thorough as will Anti-Money Laundering (AML) checks on any deposit monies. Factors   which   help   to   speed   specialist   finance   applications   from   Foreign   Nationals   or   Expats   might   be   working   for   a   multinational   company   or   spending time regularly in the UK as well as holding a British or EU passport. As   detailed   above,   the   reasons   for   Foreign   Nationals   and   Expats   investing   in   the   UK   market   can   be   many   and   varied.   Expats   may   simply   wish   to   invest   in   Buy to   Let   property   as   an   investment   just   like   many   UK   based   investors   and   landlords.   Foreign   Nationals   may   want   to   do   the   same,   but   they   may   also   be   seeking a second home or buying a property for a child studying in the UK in which case they may require a regulated bridging loan. Whatever   the   motivation   however,   many   have   earned   superb   returns,   particularly   in   London,   over   recent   years.   A   recent   growing   trend   is   non-UK   investors who are looking to invest in commercial property in the UK to take advantage of the more favourable stamp duty regime. As   with   all   bridging   loans   the   exit   strategy   is   fundamentally   important,   perhaps   more-so   given   the   borrowers   are   resident   overseas   much   of   the   time.   Rates can   sometimes   be   a   little   higher   than   those   offered   to   borrowers   permanently   based   in   the   UK   but   as   a   tool   for   enabling   overseas   investors   to   move   quickly into the UK property market or even to refinance an existing UK property Foreign National and Expat loans can be incredibly useful. Still unsure and need to explore your options? Why not consult an expert? Central   Bridging   are   bridging   loan   specialists   with   a   great   track   record.   We   are   a   principal   lender   offering   a   range   of   loan   facilities   for   business   use   from £250K to £2.5M over periods from 3 to 24 months. Our loans are secured on freehold property across England and Wales. Crucially   you   will   always   speak   to   a   decision   maker   who   will   take   time   to   understand   you   and   your   situation   and   unlike   some   of   the   bigger   banks   will   then tailor a solution that best suits your needs rather than their own. For a confidential discussion in the first instance contact us on:   Tel 03332 400 506   Email enquiry@centralbridging.co.uk Online
Central Bridging, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU Tel: 03332 400 506   Email: enquiry@centralbridging.co.uk   Web: www.centralbridging.co.uk Central Bridging is a trading style of Central Bridging Loans Ltd. Registered in England & Wales | Company Registration Number 07728274. Central Bridging is not regulated by the Financial Conduct Authority (FCA). All loans arranged by Central Bridging are non regulated contracts as defined under The Financial Services and Markets (Regulated Activities) Order 2001 and the Financial Service and Markets Mortgage Credit Directive Order 2015. © Copyright Central Bridging Loans Limited Privacy Policy
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BESPOKE BRIDGING LOAN

& SHORT TERM LENDER

There   are   many   reasons   why   Foreign   Nationals   buy   property   in   the   UK.   A rich   culture   and   history,   political   stability,   iconic   locations   and   excellent schools   and   universities   to   name   but   a   few.   Add   to   these   the   inherent strength    of    the    UK    property    market    and    it    is    little    surprise    that purchasing    an    investment    property    in    the    UK    remains    an    extremely attractive    and    potentially    very    lucrative    opportunity    for    both    Foreign Nationals and Expats alike. Indeed,   in   the   wake   of   the   Brexit   referendum   the   immediate   devaluation of   the   Pound   against   a   raft   of   international   currencies   helped   to   offset the   stamp   duty   tax   changes   made   by   George   Osbourne   that   had   so disproportionately   impacted   high   end   properties   in   London.   Stamp   duty of   up   to   15%   on   residential   investment   properties   was   offset   by   a   similar devaluation   in   sterling   which   ensured   that   foreign   national   and   Expat interest   in   London,   as   well   as   other   strongly   performing   parts   of   the   UK, has remained strong. Only   a   select   number   of   specialist   lenders   are   prepared   to   offer   bridging loans   to   Foreign   Nationals   and   Expats   and   although   the   products   offered are   generally   the   standard   options   available   to   all   UK   based   borrowers the     verification     processes     are     understandably     more     rigorous.     All overseas    clients    will    generally    require    a    UK    bank    account    and    many lenders   will   insist   on   all   documentation   being   completed   in   the   UK   at   a solicitor   of   the   clients   choosing.   Income   checks   will   be   thorough   as   will Anti-Money Laundering (AML) checks on any deposit monies. Factors   which   help   to   speed   specialist   finance   applications   from   Foreign Nationals   or   Expats   might   be   working   for   a   multinational   company   or spending   time   regularly   in   the   UK   as   well   as   holding   a   British   or   EU passport. As    detailed    above,    the    reasons    for    Foreign    Nationals    and    Expats investing   in   the   UK   market   can   be   many   and   varied.   Expats   may   simply wish   to   invest   in   Buy   to   Let   property   as   an   investment   just   like   many   UK based   investors   and   landlords.   Foreign   Nationals   may   want   to   do   the same,   but   they   may   also   be   seeking   a   second   home   or   buying   a   property for   a   child   studying   in   the   UK   in   which   case   they   may   require   a   regulated bridging loan. Whatever   the   motivation   however,   many   have   earned   superb   returns, particularly   in   London,   over   recent   years.   A   recent   growing   trend   is   non- UK   investors   who   are   looking   to   invest   in   commercial   property   in   the   UK to take advantage of the more favourable stamp duty regime. As   with   all   bridging   loans   the   exit   strategy   is   fundamentally   important, perhaps   more-so   given   the   borrowers   are   resident   overseas   much   of   the time.    Rates    can    sometimes    be    a    little    higher    than    those    offered    to borrowers    permanently    based    in    the    UK    but    as    a    tool    for    enabling overseas   investors   to   move   quickly   into   the   UK   property   market   or   even to   refinance   an   existing   UK   property   Foreign   National   and   Expat   loans can be incredibly useful. Still   unsure   and   need   to   explore   your   options?   Why   not   consult   an expert? Central   Bridging   are   bridging   loan   specialists   with   a   great   track   record. We   are   a   principal   lender   offering   a   range   of   loan   facilities   for   business use   from   £250K   to   £2.5M   over   periods   from   3   to   24   months.   Our   loans are secured on freehold property across England and Wales. Crucially   you   will   always   speak   to   a   decision   maker   who   will   take   time   to understand   you   and   your   situation   and   unlike   some   of   the   bigger   banks will   then   tailor   a   solution   that   best   suits   your   needs   rather   than   their own. For a confidential discussion in the first instance contact us on:   Tel 03332 400 506   Email enquiry@centralbridging.co.uk Online
Central Bridging, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU Tel: 03332 400 506  Email: enquiry@centralbridging.co.uk Web: www.centralbridging.co.uk Central Bridging is a trading style of Central Bridging Loans Ltd. Registered in England & Wales | Company Registration Number 07728274. Central Bridging is not regulated by the Financial Conduct Authority (FCA). All loans arranged by Central Bridging are non regulated contracts as defined under The Financial Services and Markets (Regulated Activities) Order 2001 and the Financial Service and Markets Mortgage Credit Directive Order 2015. © Copyright Central Bridging Loans Limited Privacy Policy
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LOANS FOR

FOREIGN NATIONALS

& EXPATS

KNOWLEDGE BASE

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