International & Ex-Pat Clients
days rapid turnaround
loan to value mortgage
saved for our client
Our client was a Hong Kong national and resident who had bought an off-plan development. Unfortunately, the development was delayed and this resulted in the completion corresponding with a move from Hong Kong to the UK whilst still working for her Hong Kong company and paid in Hong Kong Dollars. The property was a buy-to-let investment and was the client's first property. They had no UK landlord experience along with not owning a UK home and moving into an air b&b.
To ensure the client would complete without a late penalty being charged, and potentially losing their 20% deposit, we had to find a lender who would accept all of the complex criteria.
To make this cost-effective for the client, we decided to source a mortgage term product instead of an expensive bridge. Visionary Finance was able to acquire a highly competitive 70% loan to value against the property which had no minimum income requirement and no minimum term to be residing in the UK. We also had to take into consideration this client had no current property and was a First Time Buyer/First Time Landlord. As the client was moving countries we took all of the stress away from the client and managed to get this offered in just 3 weeks.
Ultimately, the client now has a UK credit footprint she can build and a professional tenant with income in the UK. This will result in more suitable lenders available once she is settled and we look to review her mortgage at the end of the 2-year fixed period.
My last 2 brokers were unable to sort out my mortgage, I felt helpless until I was introduced to Visionary Finance by the developer. I’m really impressed by their service, they have handled my case in a professional and efficient manner. They are always responsive and explained every step to me clearly. They are really committed and hardworking to help me with securing a mortgage offer, definitely recommended their great service.
Fantastic service. The staff have been incredible. My broker and admin have been super efficient and kept us up to date all the way throughout the process.
I would like to thank Visionary Finance for helping me to secure funds from a UK lender. My journey was not easy and I struggled to get proper advice from other mortgage advisers earlier, however, the team at Visionary Finance were professional and very reliable, thank you for their exceptional support.
Our adviser and administrator at Visionary Finance have been steward advisers throughout the lending acquisition process. The products are dictated by the lenders and the professional support from VF is critical to ensure an objective journey. Due diligence is tedious with international financing clients and attention to detail is important to manage, patiently and professionally.
In a turbulent year, our adviser's professionalism, level of communication, care and sensitivity, and sheer tenacity, helped us secure a mortgage - even as we navigated the challenges of purchasing a UK apartment across three countries and during a global pandemic. When things go smoothly, that's great, but it's when things go wrong that you need a good person and a professional on your side. We cannot thank him and the team enough.
I have been very impressed by the supportive service given to me by the team at Visionary Finance. My mortgage adviser didn't tire even though our application for a mortgage was a challenge as one of us is a non-resident buyer which adds complication to the arrangement process. There were a number of rejections by some lenders but Visionary Finance kept going until success was reached. Thanks for your great efforts.