Investment Property for UK Expats

Average UK house prices have broken through the £300,000 mark for the very first time as the demand continues to grow month on month.

According to the largest estate agent in the UK the overall average house price has risen to a staggering £304,000 in November 2024.

Expats who have owned a property in the UK for the last 14 years have seen growth of almost £100,000 on average. If you compare this to the returns that would have been achieved had the equivalent cash been invested in a high street bank it’s staggering!!

Its little wonder expats are so keen to either get into the UK property market or increase their current holding.

Mortgage applications this month have hit a record all time high with completions following very closely behind.

6 out of 10 regions across the UK achieved record asking price highs.

London           Average            £644,000

Southeast      Average            £399,000

East Anglia    Average             £326,000

Southwest      Average            £292,000

West Mid        Average            £204,000

Northwest      Average            £177,000

Mortgages for expats still offer attractive interest rates; this is helping fuel the surge of applications.

Expat buy-to-let mortgages have also been very active in the last few months due to expats increasing their holdings in the UK.

Need some assistance?

If you require any help with your new or re-mortgage, please do call one of our fully qualified independent advisers.