Credit Check
Bridging Finance Case Study
This is a great case study on how Liquid Expat Mortgages helped a UK Expat living in Singapore to secure Bridging Finance for relocating back to the UK.
The scenario.
As a UK expat living in Singapore, Ms Harrison had made her mind up to return to the UK. She’d also lived in several other countries prior to her 5-year stint in Singapore. Now she’d made up her mind she wanted to return her main priority was to buy a home in the UK near her new place of work.
Ms. H’s overseas financial situation made it challenging to obtain a traditional mortgage in the UK as she had been away so long and didn’t have a great credit footprint back home. She had tried traditional lenders, but they could not cater for her situation.
Here’s how it worked.
She was referred to Liquid Expat Mortgages by a previous client of ours. We quickly got to work and got an understanding of her specific needs and current financial situation. In her case the best route forward was to structure a bridging finance solution. We were able to secure the loan against her existing property in Singapore, allowing her to purchase a home in the UK.
Ms. H identified her new home quickly and relocated back to Brighton safe in the knowledge she had the funds to make a good offer and ensure the purchase of the property was a smooth one. Once settled back home, she was able to sell her property in Singapore and repay the bridging loan as well as arranging a standard Residential Mortgage via Liquid Expat Mortgages, on good favourable rates.
Bridging Finance Solutions
No mater where you are currently living or working around the world, Liquid Expat Mortgages can help you get Bridging Finance in the United Kingdom. Contact us now to discuss your requirements.
Get a free quote
"*" indicates required fields
