Indians are increasingly drawn to investing in UK real estate due to factors like stable property values, the potential for capital appreciation, educational opportunities for their children, and the option of a second home in a beautiful country.
Foreign National Loans are specialised financial products designed for non-residents and foreign nationals to invest in properties in a country where they are not citizens or residents. These loans accommodate diverse backgrounds and nationalities, offer competitive financing terms, and streamline the process for international investors. It makes it easier to purchase real estate abroad. novyy.com’s FNL product, for instance, caters to investors from around the world, providing financing options for properties in England and Wales. It focuses on inclusivity, offers competitive interest rates, and simplifies the property investment process for foreign nationals.
Newsday Express recently interviewed Ashish Saraff, the CEO of Novyy Technologies.
Ashish told us that “the inspiration behind creating our Foreign National Loan product at novyy.com was rooted in the recognition of the global nature of real estate investment. We saw the need to provide a solution that would make property financing more accessible and streamlined for non-resident foreign nationals. International investors often face barriers when looking to invest in properties in the UK. novyy.com’s FNL product was designed to address these challenges and provide a platform that aligns with the ever-expanding global property market.” Novyy.com’s FNL product has gained prominence due to its inclusivity.
When asked to shed light on the eligibility criteria and how Novyy can accommodate investors from diverse backgrounds, Ashish replied, “Our Foreign National Loan product is all about inclusivity. We work with investors of all nationalities, subject to Know Your Customer (KYC) and Anti-Money Laundering (AML) checks. There is no minimum income threshold, which is unique in the industry. Our financing model appraises the property, not the customer, making it easier for a diverse range of investors to qualify. We also accept a range of property types, and we ensure a smooth, legally compliant process for our customers, regardless of their background”.
India is witnessing a growing interest in foreign real estate investment, particularly in the UK. novyy.com’s FNL offerings align perfectly with the aspirations of Indian investors. It provides them with a structured and accessible pathway to invest in UK properties. Ashish further added that “we understand the unique needs and expectations of Indian investors, and our product accommodates their specific requirements. Our transparent and hassle-free approach, combined with our competitive rates, makes the dream of owning UK properties a reality for Indian investors”.
Upon asking what he sees as the future of foreign real estate investment, especially in the UK, for Indian investors and others, he answered that the future of foreign real estate investment in the UK remains promising, not only for Indian investors but for investors from around the world. Historically, investing in the UK property market has shown to be a reliable and profitable strategy. As globalisation continues to advance, we expect to see sustained interest from foreign investors. Novyy will continue to adapt to the changing landscape, offering innovative solutions to facilitate these investments and ensure a seamless experience for investors.
As a concluding statement, Ashish Saraff stated that “for Indian investors considering UK real estate investments, my advice would be to conduct thorough research and due diligence, understand the market dynamics, consider your long-term goals, and seek professional guidance where necessary. Novyy is here to assist you at every step of the way, ensuring a smooth and legally compliant investment process. We aim to be your trusted partner in your real estate investment journey in the UK, providing you with the tools and support needed to make informed decisions and achieve your investment goals.”
In Summary,
Indian investors are increasingly interested in UK real estate due to its stability and growth potential. Ashish Saraff, the CEO of Novyy Technologies, offers Foreign National Loans (FNL) designed to make international property investment more accessible and inclusive.
FNLs simplify the process, welcome investors from diverse backgrounds, and align perfectly with Indian aspirations to invest in UK properties. The future of foreign real estate investment in the UK looks promising, and Novyy Technologies is well-equipped to support investors worldwide.
Ashish’s advice to Indian investors is to conduct thorough research, consider long-term goals, make informed decisions, and succeed in the UK real estate market. With FNLs, owning UK properties is a tangible goal for Indian investors and others from around the world.
