Case Study: Foreign National in the UK Secures Self Build Mortgage

Self Build Mortgage Finance Case Study

Lina, originally from Spain, moved to the UK five years ago for a job opportunity. Over time, she fell in love with the country and decided to settle permanently. Dreaming of building her own home to suit her personal tastes and lifestyle, Lina faced the challenge of securing a self build mortgage as a foreign national.

The Challenge

Obtaining a self build mortgage is already a complex process, but Lina’s status as a foreign national added layers of complexity:

• Limited UK credit history
• Income sources partly based in Spain
• Navigating UK-specific mortgage regulations and requirements

Lina needed a financial solution that would take into account her unique circumstances and provide the necessary support to achieve her goal.

Solution: Liquid Expat Mortgages

Lina contacted Liquid Expat Mortgages, a specialist broker renowned for assisting expatriates and foreign nationals with UK mortgage needs. Here’s how they helped Lina:

1. Customised Consultation: Liquid Expat Mortgages conducted an initial consultation to understand Lina’s financial situation, her self-build project, and her long-term plans in the UK.
2. Access to Specialised Products: They provided Lina with access to mortgage products tailored for foreign nationals, including self-build options with competitive rates and flexible terms.
3. Income and Documentation Assistance: The team assisted Lina in presenting her income, which was partly earned in Spain, in a manner that met the requirements of UK lenders. They helped gather and translate necessary documentation, ensuring it was comprehensive and compliant.
4. Comprehensive Support: Liquid Expat Mortgages offered end-to-end support, from the initial application to liaising with lenders. They also provided advice on obtaining planning permissions and managing the self-build process.
5. Credit History Building: They advised Lina on how to strengthen her UK credit profile, including using specific financial products and ensuring accurate credit reporting, which was crucial for her mortgage approval.

Outcome

With the support of Liquid Expat Mortgages, Lina successfully secured a self build mortgage. The favorable terms and expert guidance provided by the team allowed her to begin construction on her custom home. Her project is now progressing well, and she is excited to move into her new home, designed to her exact specifications.

Client Testimonial

“Liquid Expat Mortgages were instrumental in making my dream of building a home in the UK a reality. Their expertise and understanding of the unique challenges faced by foreign nationals were invaluable. I couldn’t have navigated this complex process without their dedicated support. My dream home is finally taking shape, and I couldn’t be happier.” – Lina S.

Self Build Mortgage Finance Solutions

Are you a foreign national looking to build your dream home in the UK? Whether you’re from Spain, Italy, or any other country, Liquid Expat Mortgages is here to help. With our specialised knowledge and tailored mortgage solutions, we can turn your dream into reality. Contact Liquid Expat Mortgages today for a free consultation and take the first step towards securing your self build mortgage.

Call our expert advisers now +44 (0)161 871 1216

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