US national relocates to the UK under a Skilled Worker VISA
A wealth planner, private bank and investment manager all-in-one.
Our client’s wishes
Our client, a US national, was referred to us by a UK broker within our network. After 20 years living and working in Switzerland, he relocated to the UK under a Skilled Worker visa, following an internal transfer within a large international corporate group. The move saw him step into a senior leadership position, helping to oversee the London operations of a sister company.
Having already started employment in the UK, the client wanted to establish long-term stability for his family. After undertaking a targeted property search, a suitable London residence was identified and an offer was formally accepted.
Our clients’ situation
The main complexity in this case stemmed from the client’s visa status.
His Skilled Worker visa was initially granted for a three-year period, which can significantly limit mortgage options. Many lenders will only offer mortgage terms aligned with the remaining duration of a visa, making it difficult for foreign nationals to secure longer-term lending such as a 10-year mortgage term.
In addition, the client received income from multiple sources, all of which required careful assessment and evidencing to meet serviceability criteria. Many mainstream lenders are reluctant to assess complex income structures, instead favouring more traditional and straightforward income profiles.
To address these challenges, a broader and more strategic approach was taken. The client’s senior position within a multinational organisation, his relocation to London with his family, and the clearly long-term nature of his role, helped establish confidence in his continued UK presence beyond the initial visa period.
This was further supported by the client’s substantial global asset base across both the US and Switzerland, highlighting his overall financial strength and stability.
To address these challenges, a broader and more strategic approach was taken.
Our clients’ outcome
Following a comprehensive assessment, the proposed lending structure was successfully approved. Despite a tight overall completion timeline of just one month, the case progressed efficiently, and wthin two weeks of approval, the property valuation was completed and returned with a satisfactory report. The case has since progressed to the legal stage, with all parties aligned to meet the required deadline.
The client expressed great satisfaction with both the outcome achieved and the speed of execution, including the smooth and timely onboarding process.
This case demonstrates our ability to adopt a flexible, holistic approach, taking into account global income, asset strength, and professional standing to overcome conventional lending constraints.
Related news
You may also be interested in the following Insights
Contact
Get in touch with a member of our team to find out how Nedbank Private Wealth can help you achieve your financial goals and objectives.
Email our credit specialists directly at [email protected] or call +44 (0)1624 645000 to speak to our client services team.
Any examples of investments and structures used are for illustrative purposes only. This case study does not constitute an invitation or inducement to buy any financial investment or service. None of the content constitutes advice or a personal recommendation. Individuals should seek professional advice, based on their jurisdiction and personal circumstances, before making any financial decision.
Related case studies
Read about more clients we have helped
We have helped countless high-net-worth clients with their financial needs – some straightforward, some complex. Our bespoke approach, where we really get to know our clients, allows us to offer solutions that other wealth planners and private banks aren’t able to.
Providing a refinance for a UK primary residential purchase for a married couple currently residing in Singapore
A flexible lending solution for an ultra-high-net-worth client
Helping clients grow their property portfolio with a flexible lending solution
How we helped a Swiss client refinance with confidence
A triple borrower / joint proprietor solution for a client buying a holiday home in the UK
A mortgage solution for a couple’s first family home
Urgent refinancing made simple
Using Lombard loan to help an expat build their dream home abroad
Supporting a family’s smooth move from the UK to Guernsey
