Foreign National Loans are financial products designed specifically for investors looking to purchase a property in a country other than where they are a citizen or ordinarily resident. These loans specifically cater to foreign nationals and non-residents, their unique needs and circumstances, making property financing more accessible. They comply with international financial standards and remove common barriers connected with cross-border property transactions, making foreign property ownership more practical, simple, and legal. Novyy is a specialist lending aggregator helping foreigners seeking to own investment properties in the UK. Capital raising available for non-individual customers.
Financing available for a range of properties situated anywhere in England and Wales
Up to 75% of the Purchase Price or RICS Valuation, whichever is lower
Minimum £150,000 and Maximum £1 Million for first time customers
SPV Financing only - UK Limited Companies
We work with investors from around the world subject to KYC-AML checks
We appraise the property, not the customer, under our novel financing model
We will need to verify proof of funds for deposit coverage before we commence property due diligence
We will need to examine six months of bank statements for AML purposes
Rate Type | Completion fee | up to 65% ltv | up to 75% ltv | up to 80% ltv |
---|---|---|---|---|
5 Year Fixed | 5% | 6.89% | 6.99% | 7.39% |
7 Year Fixed | 5% | 6.79% | 6.89% | 7.29% |
1 Year Discount Tracker | 5% | BOE + 2.99% | BOE + 3.04% | N/A |
2 Year Discount Tracker | 5% | BOE + 2.69% | BOE + 2.74% | N/A |
Lifetime Tracker | 5% | BOE + 3.75% | BOE + 3.8% | N/A |
Calculate your monthly interest payments here. With our interest only loans, you can now buy properties anywhere in England and Wales, rent them out to cover your interest or keep it as a second home. We offer loans to all nationalities.
Loan
£ 75000
Buy to let mortgages are not residential mortgages and not regulated by the Financial Conduct Authority
(FCA).
Your property may be repossessed if you do not keep up with the payments.