September 9, 2008 Make it happen Offshore finance Dan Carpenter and Jimmy Hendey, BDM, RBS...
-
Upload
julianna-hodge -
Category
Documents
-
view
214 -
download
0
Transcript of September 9, 2008 Make it happen Offshore finance Dan Carpenter and Jimmy Hendey, BDM, RBS...
September 9, 2008
Make it happen
Offshore finance
Dan Carpenter and Jimmy Hendey, BDM, RBS International
The RBS Intermediary Roadshow
The RBS Intermediary Roadshow
3
RBS International
Mortgages for UK propertiesHomes to live in, buy to let investments and equity
release finance wherever you are in the world
•Intermediary and Specialist Lending Unit
The RBS Intermediary Roadshow
4
What is our market?
We provide offshore mortgages, Buy to Let and Residential, for properties in the UK.
In 2007, foreign investors accounted for 37% of property sales in Prime London for property values between £1 - £2m. (31% for value below £1m)
77% of Prime London rentals are non-UK nationals.
The RBS Intermediary Roadshow
5
1. Dubai national and resident looking to purchase a buy to let property in the UK.
2. German national living in the UK looking to purchase a main residence in London.
3. BVI Ltd Company “SPV” looking to purchase a number of UK properties.
Who are our clients?
The RBS Intermediary Roadshow
6
• Base rate tracker - 3 years.
• Fixed rates – 2 & 3 year.
• Multi currency also available. GBP, EUR, JPY, CHF & USD.
• Interest only – 20 years max (5 years for residential).
• Capital and Interest – 25 years max.
What are our products?
The RBS Intermediary Roadshow
7
• Dedicated BDM
• One point of contact throughout mortgage process. BDM manages all cases from beginning to end
• 2 day approval process
• What’s in it for you?
• 50% of arrangement fee.
Why choose us?
The RBS Intermediary Roadshow
8
Dan CarpenterDan Carpenter
Team – 01624 632323Team – 01624 632323
Direct Dial – 01624 632334Direct Dial – 01624 632334
Mobile – 07624 452361Mobile – 07624 452361
E-mail – [email protected] – [email protected]
Website - http://www.natwestinternational.com/international.aspWebsite - http://www.natwestinternational.com/international.asp
How to contact us
The RBS Intermediary Roadshow
9
UK Buyers Overseas Property Purchases in 2007
• Spain is still the No. 1 destination
• Spain is a buyers market
– Choice
– Discounts available
– Prices negotiable
• Spain is winning everything!!
– Euro 2008
– WimbledonUSA10%
FRANCE17%
SPAIN25%
BULGARIA6%
MOROCCO5%
DUBAI5%
ITALY4%
PORTUGAL4%
CYPRUS3%
OTHERS19%
TURKEY2% SPAIN
FRANCE
USA
BULGARIA
MOROCCO
DUBAI
ITALY
PORTUGAL
CYPRUS
TURKEY
OTHERS
The RBS Intermediary Roadshow
12
Mortgage lending in Mainland Spain, The Canary and Balearic Islands
• Purchases – Resale/Off Plan
• Remortgage – From other lenders
• Equity Release – unencumbered
• Self-build – Building your own
What is our market?
The RBS Intermediary Roadshow
13
Interest rates in Euro
Mortgage Term – up to 25 years
Maximum Age – 70 years old
LTV – up to 60/65%
Based on affordability
Documents produced in English
What is our product?
The RBS Intermediary Roadshow
14
A name you know and trust
UK based BDM’s
Spanish Mortgage Helpline
Website
Bi-lingual staff
Help is at hand
Why choose us?
The RBS Intermediary Roadshow
15
• Introducers Fees – 40% of the arrangement fee taken (usually 1%)
• Cross sale opportunities
– Remortgage for the deposit and costs
– Offset Mortgages for Off Plan Purchases
– Life Assurance
– IHT Planning
– Spanish Home Insurance
– Investment Advice
What’s in it for you?
The RBS Intermediary Roadshow
16
Jimmy Hendey
Mobile: 07795 061633
Email [email protected]
Gibraltar: 0845 900 8000
Website: natwestinternational.com/spain
How to contact us?