uk property investment when living abroad

Expat Mortgage Needs

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Expat Mortgage Needs business hit a high note

Expat mortgage applications are currently at an all-time high and the outlook for next year remains positive. It would seem that the high property prices do not deter the investor. Expats seem to have the attitude that investing in savings accounts are a lost cause and property offers far better returns in the long run.

According to recently released figures the UK property market has been the best performing in the whole of Western Europe for the last 2 years. It is therefore not surprising that so many people want to invest in an ever-shrinking market.

Whatever expat mortgage needs you may have for considering purchasing a house or flat in the UK, the good news is that there are lenders who are more than willing to offer expats mortgages.

The expat mortgage market is very complex, you should seek professional independent advice as to what product best meets your needs. We have a select number of companies offering very favourable rates which are tailored to suit most needs, including buy to let.

Items you will need to apply.

  • Contact details
  • Property purchase details
  • Deposit available
  • Certified proof of address
  • Certified ID (Passport)
  • Bank statements (Normally 6 months)
  • Wage slips (Normally 6 months)
  • Certified accounts if self-employed.

These requirements vary from lender to lender and the above is just to give you a guide to help speed up the process. Contact us for any assistance you may require.

Need assistance?

Finally If you require help with your current or new mortgage, please make contact. One of our experienced independent advisers who will be happy to assist.

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fixed rate mortgages for expats costs

Fixed Rate Mortgage for ExPats

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Fixed Rate Mortgage For Expats. The mortgage business remains buoyant in 2024

September 2024 has seen more expat mortgage business being conducted than this time last year.

New applications for first time and re-mortgage business are also high. Particularly for the time of year indicating expats still have faith in the UK property market.

August & September saw a record number of expat re-mortgages as clients look to release equity built up over the years within their properties. The released equity is being used for various reasons including debt consolidation and funding their children’s education whilst abroad.

Expats are also re-mortgaging to fix the rate of their loan for the longer term.

If you are considering taking out a fixed rate mortgage or re-mortgaging, please call us and one of our independent advisers will be happy to assist.

UK property prices are stable and increasing in some areas

According to the latest figures house prices are still on the rise. July and August this year saw an average 2% increase as the UK economy which helps stabilise prices.

It is expected that house price increases will level out as the year goes on with a steady and reliable growth rate, again spelling good news all round.

At present the outlook for 2025 is very positive within the UK property market. Finally the signs are this will continue for the foreseeable future.

Need assistance?

Our professional independent advisers are used to dealing with all types of Expat Mortgages. As such they have vast experience in this area. Please do call to discuss your requirements and we will be happy to help.

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uk expat mortgages homes

Expat Mortgage Review

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Expat Mortgage Review. Consider your current mortgage as you could be paying a lot more each month than you need to!!

It may be a very prudent move to review your current mortgage to establish if it is still the best deal for you, and you are not paying more than you need to!!

This will not be the case for everybody, your current deal may well be exceptionally good, but it is most certainly worth checking as the wrong deal could be costing you thousands extra every year.

Expats have a good choice of mortgage deals currently available, so it is a very good time to check you are not paying more than you need to.

If you decide to re-mortgage this may an opportune moment to review any expensive loans or credit cards, you may have.

It is likely the UK property has gained in value giving you a larger equity which could be used to reduce the expensive debt.

Reasons for Expats to re-mortgage

  • To save money.
  • Raise extra cash for a project you have planned.
  • Your current deal is ending soon

Reasons not to re-mortgage

  • You have a penalty on your current mortgage which makes it prohibitive.
  • You have had credit problems since taking out your current mortgage.
  • You currently have an advantageous rate which may be fixed.

Can we help?

Finally if you would an expat mortgage review your current expat mortgage do make contact. One of our fully qualified independent advisers will be happy to assist.

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expat mortgages homes

Buy-to-Let for Ltd Company

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Buy-to-Let for Ltd Company and establishing a limited company.

Half a decade ago, there would have been few in the mortgage market who might have predicted limited company expat buy-to-let as one of the major growth areas in the years ahead.

But that’s exactly what has happened in the expat buy-to-let sector. The market has shifted to accommodate how expat landlords might wish to take their portfolios forward and how they can try and secure the mortgage interest tax relief which has been steadily cut for those holding properties in their own names.

As an expat are you thinking of entering the buy-to-let market in the UK?

With UK property prices now no longer easing, if you are contemplating entering the market this could well be a profitable time.

Positives to consider

  • Property prices are falling.
  • Potential bigger gains on a later sale.
  • Experts are predicting property price increases will return in middle to late 2025.
  • Regular monthly income from rental income.
  • Increasing waiting list of tenants looking for value in the renting market.

Expats, there are bargains to be had at the auctions!

Auctions are a great way to add to a buy-to-let portfolio or start one, with a wide range of bargains often going under the hammer.

Among the many attractions of buying property at auction is that purchasers avoid the conventional drawn-out process of property buying. As the property is sold in a matter of minutes as soon as the hammer falls. Abd buy-to-let ltd company options will save lots of personal requirements.

Preparation is key.

But before attending and bidding on property at auction, investors must conduct all necessary due diligence.

Can we help?

 If you would like assistance with your expat buy-to-let mortgage, please do call one of our expert independent advisers. We have years of experience in this market. Finally we look forward to being of assistance to you.

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