UK Expat Property Investment
UK Expat Property Investment
UK Expat Property Expats are very keen on the UK market
Estate agents around the country are reporting a high demand for low end quality properties. And first-time expat buyers being very active.
One agent in Manchester said, “We are getting a lot of enquiries from people living abroad (Expats). They want a property at the low end of the market in good condition”.
The UK property market continues on an upward spiral and offers longer term growth and security. Mortgage lenders are still reducing interest rates to attract new business, so if you are contemplating investing now would seem a good time to buy in the UK.
There is little doubt the attractive mortgage interest rates currently on offer have played a key role in driving these figures. Expat borrowers have taken advantage of the current low rates and used a re-mortgage in particular to their benefit.
Expat mortgage brokers are also reporting high levels of business this year with the main interest in buy-to-let and holiday lets.
Independent Mortgage brokers
Not only can brokers offer a far wider range of products and options for consumers which they may otherwise not have access to, or the time to find, but their invaluable expertise will be able to help you secure a great deal on your mortgage.
What a broker will do for you?
The broker will take control of the mortgage process, therefore relieving you of the stress and paperwork. They will be able to deal with the mortgage company supplying the loan and answer any queries they may have, saving you time and money.
Help required?
If you are an expat looking for a new or re-mortgage, please do get in touch. One of our fully qualified independent advisers will be happy to assist.