MHBS solution for High Net Worth case with foreign income

Our solutions

30TH JAN 2020

MHBS solution for High Net Worth case with foreign income

Chris, Specialist Lending Manager, had a recent case where the high net worth clients wanted to remortgage their main home to raise £500k to support the purchase of a buy to let. We were able consider the property portfolio they had in the background, that provided income paid in Euros, and build a mortgage to meet their needs.

OUR SOLUTION:
We provided a discounted mortgage with a pay rate of 2.99% for the first five years and a 0.75% product fee. This solution reflected their circumstances:

  • HNW
  • Complex income and high multiple
  • Capital raise

This is a recent case example, pricing is tailored to your clients’ individual circumstances.

To find out more call your nearest Specialist Lending Manager or email brokers@mhbs.co.uk