UK MORTGAGE OPTIONS

Purchasing a Main UK Residence* – Up to 85% Loan to Value Mortgages

Many of our clients have used our services to source mortgages in order to purchase a property in the UK which will be rented out. Once they have finished working abroad their intention is to return to the UK. In many situations and subject to status, a Loan to Value mortgage up to 85% is available for this requirement.

Remortgaging a UK Property – Up to 80% Loan to Value Mortgages

Many of our clients advised us of their existing banks unwillingness to help or offer suitable solutions when a fixed rate deal expired, or the client simply wished to release equity. They found that at Liquid Expat Mortgages they could raise up to 80% Loan to Value with potentially more competitive interest rates *(*Subject to Status)

In certain situations, when an existing lender realises the customer has moved outside of the UK, the interest rate can increase and no further equity release is possible. In these circumstances, Liquid will explore potentially more competitive mortgage options and approach lenders that are willing to release further equity, to help fund a purchase in the country you have moved to for example.

UK Property Investment Mortgages – Up to 75% Loan to Value available

With the recent correction in UK property prices, attractive exchange rates as a result of the weakened GBP, and an exceptionally low Bank of England Base Rate (currently 0.5%), many overseas investors consider there has never been a better time to invest in the UK property market.

By searching the whole of the available offshore and onshore lending market through our partners, Liquid more often than not offers more competitive deals than a client's own bank, both in terms of lower interest rates and higher levels of loan to value mortgage financing.

Consequently, Liquid clients can now purchase UK property purely as a “Buy To Let “investment opportunity and grow their property portfolios.

Foreign Currency Mortgages

A foreign currency mortgage is a mortgage which is repayable in a currency other than the currency of the country in which the property is located. Foreign currency mortgages can be used to finance both personal mortgages and commercial mortgages.

The interest rate charged on a foreign currency mortgage is based on the interest rates applicable to the currency in which the mortgage is denominated and not the interest rates applicable to the borrower's own domestic currency. Therefore, a foreign currency mortgage should only be considered when the interest rate on the foreign currency is significantly lower than the borrower can obtain on a mortgage taken out in his or her domestic currency.

100% Mortgage Funding

If you own a property with a substantial amount of equity or hold investment portfolios (minimum value of £500,000 or currency equivalent) or internationally recognised bank guarantees and looking to purchase a new property in the UK or an established Overseas location, you could apply for a cross collateralised mortgage.

This involves a loan to purchase the new property for 100% of its value and use existing assets as collateral. This has the benefit that you do not have to sell the additional assets to raise the capital and can receive the interest and dividends for the duration it is being used as collateral for the property loan. Typical Offshore Portfolio Bonds that are deemed acceptable by lenders include as suitable security include; Royal Skandia, Friends Provident International and HSBC Investment Portfolios.