Portfolio development of domestic property investments for expatriates
Richard and Michelle are expats, living in London, who already have their family home, which they have been renting out since they moved overseas. They have the potential to utilise the equity in this home as well as their tax-free income to build a multi-property portfolio.
Facilitate applications and processes for additional loans
Assessment of financials and scoping of possible routes
Purchase of investment properties utilising a 90% LVR limit
Our Proposal
As eligible expatriates can access a mortgage to the value of up to 90% of a property, they can use the existing equity they have to finance the purchase of additional properties. This is a 10% difference to the standard 80% LVR limit. Intuitive Finance recommended Richard and Michelle to take advantage of this, and combined with the spare income they earn plus the rental income of their properties, their existing cash-flow requirements won’t be heavily impacted.
The Outcome
Richard and Michelle were able to buy additional properties close to home and rent them out, using their spare income and rental income to help pay off their loans.
with clients all over Australia and around the world. Andrew has over 30 year’s experience in the finance industry and has assisted clients to secure over $2 Billion in mortgage lending over his time. Intuitive Finance deals with all aspects of lending from helping first homebuyers, someone wanting to upgrade their home or starting out and experienced investors looking to secure that next investment property, we can assist with all those requirements. We also specialise in working with self-employed clients and getting them the best outcomes, along with Commercial and Asset finance solutions. Intuitive Finance is highly regarded in the industry and has been recognised as a national winner of the MFAA customer service award and also one of the finance industry’s top mortgage employers. Our brokers also feature regularly in the Top 100 mortgage brokers list in Australia.
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