Helping a self-employed Ex-pat refinance their Buy to Let Property

A broker approached us with a self-employed Ex-pat who was working in the UAE and looking to refinance their buy to let property in the heart of London. The objective was to release equity from the property to fund future investments.

The client met our minimum income requirement of £25,000 per annum, supported by business accounts and full tax returns. In addition, they had a steady stream of rental income from existing properties. As a self-employed Ex-pat, the client submitted two years’ worth of tax returns and documentation confirming their business income, allowing us to fully assess their financial position and proceed with confidence.

In line with our criteria for self-employed Ex-pat's, we were able to confirm that the client owned at least two buy to let properties and had the experience we were requiring. While their UK credit footprint was limited due to living overseas, they maintained an active UK credit profile and had a UK correspondence address in place - both of which helped support the application.

With all requirements met and the documentation provided in full, we were able to move forward smoothly and support the client in refinancing their property to unlock funds for future plans.