EMore expats with mortgages on UK properties are looking to lock in a longer fixed deal than ever before. Experts believe this situation has been brought about due to the Brexit uncertainty and what could happen to the mortgage market. Popularity of longer-term deals had waned at the start of 2018 with expat borrowers opting […]
EThere are many reasons to consider a re-mortgage especially if you are currently on the standard variable rate (SVR) but you should remain cautious as this is not always the correct action to take. Always seek professional independent advice as to the best way forward for yourself as your current plan may well have penalties. […]
EIf you are considering property as an investment in the UK but you live outside of the Country the exchange rate fluctuations are likely to have a significant impact on your decision. Future rates of exchange are likely to depend on the kind of exit deal that is negotiated, combined with the currency that you […]
EExpats are in ever increasing numbers trying to either get on the ladder or increase their current UK holding. The majority of expats see property in the UK as a “pension fund” or a way of laying financial security for the long term. Brexit has had it’s effect and will no doubt continue to do […]
EExpat mortgage business is very buoyant currently and in particular the re-mortgage area as expats look to released locked capital within their UK properties. A recent report shows the average amount released currently stands at over £44,000 per case as of the end of January this year and the number of re-mortgages rose by 12.5% […]
EThe mortgage market in Britain is experiencing a notable change as the reasons why expats re-mortgage evolves. Expat UK home owners are moving away from short term deals and variable rates onto two and five-year fixes at low rates in moves to guarantee certainty and financial security, according to the latest reports. Only 17% of […]
Gross mortgage borrowing in the expat sector is 22% higher overall than 12 months ago recent figures show. The number of mortgage applications for November and December combined also saw the highest numbers for the last 8 years. The really good news for the borrower is that application approvals reached a record high in 2018 […]
Expats are still suffering poor investment returnsExpats living overseas are still suffering low returns on their short and longer-term bank-based cash investments. What does the future hold for UK expats? A recent survey of expats showed they are turning to alternative forms of investment to increase returns. The most popular being property purchase for renting […]
The financial incentive for expat mortgage borrowers reaching the end of their current fixed rate deal to re-mortgage to a new deal has soared to an 11-year high. According to the latest Moneyfacts, borrowers could save more than £3,000 a year by opting for a new fixed rate mortgage rather than sitting on their existing […]
Mortgage borrowing in the expat sector is over 30% higher overall than 12 months ago recent figures show. The number of mortgage applications for October, November and December 2018 combined also saw the highest numbers for the last 3 years. The really good news for the expat borrower is that application approvals reached a record […]
