Weathering the Storm!
In this market, Offshore Lending is quickly developing an enviable reputation for banking deals where other brokerage firms might be struggling. We have been in business since the beginning of 2003 and have steadily built our business based on sound and reputable principles and 'best practice' based methology. This market really does test the reputation and experience of the broker and recent news suggest that one in four will disappear in the next 12 months.
Many clients are not really sure about where to go for finance and particularly if you are based abroad. Trying to secure lending from most UK banks where you are not resident is practically impossible since they will not rely on non UK based income for loan repayment. As we are now seeing property prices coming back and interest rates reducing, now is a great time to either get on the property ladder or build upon your existing portfolio. As we expected, interest rates have come off a little more to a point where fixed rate products willnow start to feature more as the product of choice as rates bottom out.
We have secured some very good lenders with particularly competitive rates and terms. We are also having excellent success with our various currency products which enable you to borrow either in the currency of the asset or the currency in which you are paid. This can be particularly attractive if the currency reflects a low interest rate but we point out that where you secure funding in a currency other than that of the asset, you are exposed to currency risk and need to be aware of the ramifications of that. If you have any doubts, we suggest you seek independent financial advice.
In the last 30 days, our statistics have shown client enquiries from the following countries:- Italy, United States, Japan, Australia, Great Britain, Argentina, Norway, Switzerland, Hong Kong, South Africa, Germany, South Korea, India, Togo, Luxembourg, Canada, France, Romania, Kuwait, Saudi Arabia, Dubai, Iran, New Zealand.
As to the future...who knows, however many have steered well clear of the Stock Market for the present time and so with interest rates low and property prices coming off, now might be the right time for you to buy.



