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


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The International Mortgage Market


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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


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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.


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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?


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• 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?


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• 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?


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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


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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


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What the papers say...


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What the papers say...


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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?


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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?


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A name you know and trust

UK based BDM’s

Spanish Mortgage Helpline

Website

Bi-lingual staff

Help is at hand

Why choose us?


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• 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?


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Jimmy Hendey

Mobile: 07795 061633

Email [email protected]

Gibraltar: 0845 900 8000

Website: natwestinternational.com/spain

How to contact us?