Expat Property Investment
Expat Property Investment buy-to-let investors on the increase in 2023.
This is still a growth area for investors as more expats see the buy-to-let market as a sound option for the future especially with property prices reducing nationwide.
Traditional forms of investment such as banks and building societies are still producing poor returns so investors are looking elsewhere.
The demand for good rental property has increased over the last 12 months due to the cost-of-living crisis and other factors.
Experts expected the buy-to-let market to decrease, and it did after all the new regulations were announced but that trend has now been completely reversed.
Expats would be wise to research the area of purchase thoroughly, make sure the long-term future has prospects in the areas listed below.
Ways to be a successful Expat investor.
- Select the type of tenant you are targeting this could be a young couple or single person in a professional career.
- Make sure when selecting a property for buy-to-let it is in an area which fits your target tenant. Is it close to schools, shops, and local businesses for example all these are important factors when selecting your property?
- Selecting the correct buy-to-let mortgage to fit your long-term planning. Do you want a fixed rate or a tracker or indeed any other product that is on offer? It is very important to seek professional advice when it comes to choosing your mortgage.
Need some help?
Please make contact and one of our expert independent mortgage advisers will be pleased to assist.
