yacht crew expat mortgages

Independent Ex Pat Mortgage Broker

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Independent Ex Pat Mortgage Broker. Expats UK property search increases month on month

The property portal found that searches for UK property by overseas buyers have grown steadily over the last 12 months.

They now account for 8.2% of all activity on the portal in the first three months of this year, compared to just 3.8% three years ago.

It said most expat investors are keen to capitalise on softening prices and a weak pound.

More expats choosing independent broker assistance for mortgages advice.

The number of expat mortgages coming through independent brokers has risen steeply over the last 2 years, this figure now stands at 78% from 64% last year.

There has been a steady increase in mortgages sold by intermediaries to expat buyers and re-mortgagers as the market remains very buoyant indeed.

Why choose an independent ex pat mortgage broker?

First and foremost, for ease and peace of mind.

Full range of mortgage choices

Industry qualified advisers

UK based for easy communication.

Fully automated service

Faster completion

Assistance required?

If you would like help with your new or re-mortgage, please make contact and one of our independent advisers will be happy to help.

 

yacht crew expat mortgages

Application Numbers Rising

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Expat buy-to-let, and Holiday let mortgage applications rising all the time

Expat successful mortgage applications are up from 2022 by 16.7%.

It also seems that expat first-time buyers are the ones having the most luck. Over two-thirds of mortgage applications by expat first-time buyers were successful in the first four months of 2023.

The average number of expat enquiries has also risen dramatically this financial year as expats look to get a foothold on the UK property ladder.

Even with all the uncertainty around the world the UK property market is still seen as one of the most lucrative. The majority of working expats living abroad always want to retain and add to their UK property portfolio as markets in other European Countries simply do not return the same profits.

Rising levels of mortgage enquiries, applications and completions shows that a significant number of expat first-time buyers are still both willing and able to get a foot on the UK property ladder.

UK property values remain stable, and rentals are in great demand!  This is a testimony to the long-term potential growth this market offers.

Even with all the uncertainty in Europe and the UK the market remains resilient and profitable, which is why expats see this area as good financial security.

Mortgages are not as easy to obtain as in the past but there are still good options open to the new investor and expats wanting to re-mortgage.

Can we help?

If you are looking to invest in the UK, please do contact us and one of our qualified independent advisers will be happy to assist.

 

yacht crew expat mortgages

Ltd Co Buy to Let

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Are you an Expat thinking of entering the Buy-to-Let market in the UK?

 If you are then you need to proceed with caution

 Firstly, seek advice on your tax position. Incorporation (Creating a limited company) could be right for you.

More and more expat investors are considering entering this market for various reasons. So, what can a buy-to-let investment offer you?

Interest only mortgages.

Good potential returns on capital invested.

Attractive mortgage interest rates.

Potentially better returns than on offer at high street banks.

Better return on capital invested.

Above are just some of the reasons why more and more expats are considering a buy-to-let investment. If you are thinking of entering this market, you should always seek advice on the types of mortgages available that best suit your needs.

You will generally need a deposit of at least 25% this varies from lender to lender but the bigger the deposit the better the deal and lower interest rates.

Mortgage assistance?

If you are contemplating entering this market or require assistance with a re-mortgage, please do contact us. We have experienced independent advisers who will find the correct deal for you.

 

yacht crew expat mortgages

Buy-to-Let for Expats

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Expats are actively looking for UK property to rent out.

Expats are actively looking for buy-to-let and holiday let properties as demand grows.

Overseas buyers and expats are sizing up the UK property market for potential bargains, taking advantage of the weak pound, according to the latest figures released.

The property portal found that searches for UK property by overseas buyers have grown steadily this year. They now account for 6.2% of all activity on the portal in the first three months of this year, compared to just 3.6% three years ago, an increase of 72%.

It said some investors are keen to capitalise on softening prices and a weak pound and are looking for discounts. This could fuel demand for UK property, alongside expats planning a return to the UK amid uncertainty.

Popular areas

London is in strong demand as the third most sought-after location, but the UK’s regional cities could benefit the most from interest from overseas buyers, with Glasgow and Birmingham the most popular search locations, followed by Manchester and Leicester.

Who is looking?

US house hunters are watching the market most closely, accounting for nearly 50,000 searches in the third quarter of this year, as shown by the list below of the top 3 countries where buyers are searching from: USA, Hong Kong & Ireland.

Owning property in the UK is a goal of many overseas property investors including expats, it’s clear a rise in the proportion of searches for UK property which are taking place overseas since June 2018.

Can we assist you?

If you are looking for a new or re-mortgage do get in contact and one of our qualified independent advisers will be happy to help.