Recent content by stevenpenny

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    Raising funds in foreign currencies on UK based property

    Hi Stuart, To answer your question yes you can partake in the carry trade. All you need to do is offer suitable collateral to the lender and have an income that would allow you to repay any negative margins resulting from adverse exchange rates. Steve
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    Raising funds in foreign currencies on UK based property

    Hi Guys, Forget about the mechanics of the deal as they are all flats and houses and not mobile homes. The deal in question involves a lot of leveraging but essentially my clients needs to borrow up to 75% LTV against UK based properties in a foreign currency, not neccesarily Yen. I spoke to...
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    Raising funds in foreign currencies on UK based property

    Hi Grant, He is looking to structure a deal in conjunction with a builder he knows well. I can't go into the finer points but essentially the deals to be struck are between 75% and 85%, i.e. that is the funding required from the lender. This is the element that needs to be ideally in a...
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    Raising funds in foreign currencies on UK based property

    Hi, I have a client looking to raise capital on UK based BTL properties up to 75% LTV in foreigh currencies. He has/will have upwards of £500,000 to use as deposit(s) and wants to build a portfolio of approximately 50 properties within the next 2 years. He has suggested the Yen as this will...
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    Single Currency Mortgage Made Easy

    You could be the answer to my prayers Hi, I have a client looking to raise capital on UK based BTL properties up to 75% LTV in foreigh currencies. He has/will have upwards of £500,000 to use as deposit(s) and wants to build a portfolio of approximately 50 properties within the next 2 years...
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