Milan Apartment for a UK Fashion Executive Based in Italy
€580,000 · 20 years · Euribor +1.30%. A UK national working for an Italian fashion house in Milan on a permanent Italian employment contract needed a mortgage for a central Milan apartment.
The Client
UK Expats - Primary Residence
The Challenge
A UK national working for an Italian fashion house in Milan on a permanent Italian employment contract needed a mortgage for a central Milan apartment. Although employed in Italy, his credit history was UK-based and his savings were in UK accounts, making the standard Italian retail bank application difficult.
Our Solution
Doulton worked with a Milan private bank willing to accept the combination of an Italian employment contract and UK-based financial history. The application was completed in Italian, with Doulton providing full translation support throughout.
The Outcome
Apartment purchased in the Porta Nuova district. Client established permanently in Milan. Italian tax and financial planning arranged through Doulton's Milan-connected adviser network. Key highlights: Italian employment contract with UK financial history accepted; Full Italian-language application managed; Milan private bank relationship utilised.