Private bank offering Asian, African and Middle Eastern clients buy-to-let mortgages
Trinity Financial has access to a private bank offering buy-to-let mortgages to clients born in or living in Asian, African or Middle Eastern countries.
Some of the most popular countries the bank operates in include... Asia: China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand. Africa: Botswana, Ghana, Kenya, Nigeria, Tanzania, Uganda, Zambia, South Africa. Middle East: Bahrain, Jordan, Oman, Qatar, UAE.
The bank offers buy-to-let mortgages for properties located in prime central London and some of the surrounding areas. Applicants will need a 25% deposit to qualify, and rates are typically priced around 3%.
The minimum loan size is £250,000 and the maximum loan size is £3 million. The bank specifies that borrowers will need to deposit $100,000 (or the equivalent) in one of its linked accounts.
Providing you have assets of 60 per cent of the required loan amount, the lender may not need to do a full financial assessment providing you qualify as a high net worth client. They are likely to request accounts or bank statements.
Aaron Strutt, product director at Trinity Financial, says: “This bank specialises in providing unregulated mortgages to foreign nationals buying in the UK. It works with clients in some unusual countries many of the other lenders are not happy with.
“As it has such a large presence overseas, it will typically send a representative to meet you if you are overseas. Its typical turnaround time is also fast at three to six weeks.
Call Trinity Financial on 020 7016 0790 to secure a foreign national mortgage.