There are many factors that contribute to borrowing power, with the financial circumstances of the beneficial owner, legal structure for the acquisition, and property state and location being just a few. If we look at this question from the perspective of a high net worth individual acquiring property in London, we would likely recommend a private bank lender and these institutions often cap out at 75% LTV.

A lender needs to be comfortable that the borrower has sufficient net income to support the mortgage over a defined period of time. We would look to collect; payslips, bank statements, credit card statements, income tax returns, evidence of other income – dividends, interest etc, evidence of other expenditure – maintenance, school fees etc. If self-employed or the borrower is a corporate vehicle, we would require financial statements and other financial info pertaining to the company.

Yes. We often assist foreign nationals in acquiring or re-financing property in the UK. We see plenty of activity from Middle Eastern and African beneficial owners, often using an offshore structure to house the subject property.