Emigration to the UK based on USD trust income

Tim Kemp

Co-founder

The Requirement

A US citizen and resident approached us to help her emigrate to the UK and purchase a main residence here. Her cash was tied up in a drawn-out sale of a New York home and her income came solely from a trust set up by her wealthy family. She had a limited credit footprint in the UK and was here on a non-permanent spousal visa.

Her first need was to purchase the UK home without being able to release her deposit funds from her existing New York property, as its sale was starting to take too long. Her second need was a long-term mortgage based on US income that was distributed to her by a family trust.

The Solution

We met the client’s immediate need by arranging a bridging loan with an international lender, who became comfortable by requesting a trust guarantee in support of the loan, which was secured against both the US and the UK properties.

We simultaneously introduced the client to a UK Private Bank, who were able to provide a mortgage of £1,500,000 based on USD trust income and US asset-based wealth that was verified by her trustees. This loan would take effect in line with the sale of the New York home and would function both as an exit from the bridging loan and as a long-term residential mortgage.

Our team are here to help

Our professional advisors would be delighted to speak with you and discuss your requirements.

What our clients say!

Our clients trust us to guide them through some of their greatest financial decisions.

“The team at Panthera Finance have provided an outstanding service, going the extra mile with attention to detail to secure a bespoke mortgage product. I would commend Panthera to all those seeking tailored financial products unavailable on the high street or through non-specialist agents.”

Tom G.

“It’s a pleasure working with Tim, Dan and the team at Panthera. The way they use their knowledge and experience of what can be very complicated situations to structure and shape cases is always impressive and has helped build a strong and trusting relationship with us as a mortgage lender.”

A.S.

“The support and service from Anthony and Rhiannon has been superb - especially your patience while we were on hols and things. I think this is now the 3rd time Panthera has assisted us and we have been impressed every time, you will be our first choice every time.”

Ben R.

“Dan and Rhiannon are your perfect finance team. I have worked with them for many years now and I am in awe of their professionalism, comprehensiveness and thoroughly managing deal flow every time. I trust Dan to source and manage the best possible deals for me in the marketplace; noting he has many senior banking connections to call upon, when deals can appear to be outside of the box, as they frequently do in today’s market.”

J.D.

“After some issues with other providers Panthera came through with a great service. Always great to work with professionals, and would certainly recommend their services.”

Brian M.

“We are so thankful we were referred to Dan and the Panthera team for our mortgage process. Our plans to purchase a home in the UK moved a little quicker than we planned, but Dan's knowledge and support made the process smooth and effortless for us. Dan and Rhiannon had the best communication and provided updates quickly for our mortgage to be approved as soon as possible. We are so grateful for Panthera Finance and look forward to our new home!!”

Jason & Haley S.

“Working with Anthony at Panthera on mortgaging and remortgaging several times on property has always been seamless. Deeply knowledgeable, he listens to what I need and works extremely hard and quickly to get the right product. ”

F.L.