Case details:
- German national living on a yacht
- Apartment in Birmingham
- 55% LTV total lending
- 1 year term
- £185,000 property value
We can consider clients with alternative residential statuses such as yacht crew or employer provided accommodation.
For a recent case, we had a great client who was German-born and now working aboard a yacht. We were able to get comfortable via a proof of address for their South Africa base and proceeded with a 55% LTV loan against a two-bedroom apartment in Birmingham being purchased via a UK SPV.