The property finance solutions company has partnered with award-winning lenders Albatross Capital to create a loan that gives foreign investors more opportunity to access better rates

Foreign nationals without a credit history in the UK now have access to a new financing solution that not only provides money for a property purchase but also creates potential access to significantly better future lending rates.

Property finance solutions firm Finanze has announced the launch of an exclusive bridging loan: A form of short-term cash lending designed specifically for those without a track record of buying and selling in Britain. 

Finanze’s new product is structured so that investors can acquire the money needed to buy property and also build a valuable credit history in the process. 

Providing a fixed amount up front, with the interest being paid off monthly and the capital balance at term, the investor can create a UK paper trail - potentially attracting significantly cheaper rates from a wider pool of lenders when it’s time to refinance. 

After building credit, foreign investors may no longer have to pay high interest rates on Buy To Let mortgages, and in some circumstances may enjoy as much as 50% off the previous term rate. 

The Finanze bridging loan is supplied via an exclusive partnership with Albatross Capital - a London-based lender with almost 200 years of combined experience in the finance industry and winner of the Best Bridging Lender Newcomer of the Year at the 2021 Bridging & Commercial Awards. 

Alastair Hoyne, Principal of Finanze, stated: “Many foreign nationals either have to buy in cash, or take out Buy To Let mortgages at really high interest rates over 5.5% if they have no UK credit history. We have created a product to help them and fill a gap in the market. 

“This loan allows people to create a healthy credit history that opens up access to a much larger pool of lenders in future, improving their financing options long-term. 

“Finanze is proud to partner with Albatross to provide the bridging loan - another exciting new company that’s injecting some youth and vibrancy into the marketplace. 

“The partnership isn’t just mutually beneficial but also caters for a sizeable audience - providing a better solution for people who wouldn’t ordinarily have access to great rates.” 

Hoyne’s background in investment banking, hedge fund management and strategic consulting has seen Finanze favour a different approach to a traditional mortgage broker - with the company placing focus on customised financial options that bring an element of sophistication to the market.