Any Property Bargains ?

The UK bargain property market is diminishing rapidly.

Expats searching for a property in the UK are finding it more difficult than ever before.

Finding a property of value in the South is almost impossible and in the North things are not a lot easier.

Expat yacht crews are employing the services of local estate agents to help identify possible targets as the market get tougher by the day.

Britain’s housing shortage is reaching crisis point as the number of buyers dramatically outweighs the number of properties for sale. Estate agents up and down the Country are reporting high levels of business with sales completing in record time.

One agent in Norfolk said, “If a property comes onto the market in good condition and is priced correctly it will sell within days”. “Just lately we have had up to 6 purchasers chasing just one property”.

The consequences of this situation are driving house prices upwards all the time with properties in the South and East Anglia reaching record highs.

Expat yacht crews searching for a foothold in the UK property market need to act sooner rather than later. Experts are forecasting the shortages to get much worse before things get any better.

One plus point for the expat is that mortgages are easier to secure than a few years ago and choices have expanded.  There is a good selection of mortgage deals available at very favourable interest rates.

Need some assistance?

As an Expat yacht crew and you are looking for your first mortgage or contemplating a re-mortgage, please do call one of our fully qualified independent advisers who will be happy to help.