BThe Bank of England’s monetary policy committee has voted unanimously to keep the base rate at 0.75%. The rate has stayed at this level since it was raised from 0.50% in early August last year. The meeting minutes show that the committee believes that the softer growth seen both domestically and internationally is “likely to prove […]
Expat mortgage business continues to flourish in 2019, both re-mortgage and new applications have increased as interest rates remain in the borrowers favour. Expats are very keen to secure and expand their holdings in the UK due to the potential long-term profits that the property market offers. A large number of expats have seen the […]
UUsing an independent broker in the UK you’ll enjoy a number of advantages compare to “going it alone”. With the correct advice and support securing an expat mortgage can be a very simple process. Getting this support is a vital component in the chain of events, due to the applicant’s location, as it is likely […]
It is predicted to be a very turbulent time ahead in the housing market as the Brexit negotiations hopefully conclude. Nobody really knows how this will affect the housing market as so far all the expert predictions about Brexit have been way off the mark. One thing you should do if you have an expat […]
Whatever reasons you may have for considering purchasing a property in the UK, the good news is that there are lenders who are more than willing to offer expats mortgages. Many providers don’t even advertise the fact. As many as three million expats have a strong desire to own their own property in the UK. […]
Expats 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 future. Bricks and mortar have always been a national obsession. The wisdom that […]
Expats are quickly moving to fixed rate mortgage deals more frequently than ever before. Brokers around the country are reporting a significant increase in re-mortgaging to a fixed deal in the last 9 months. Base rates may well be on hold at present and mortgage rates are at the lowest they have been for many […]
October’s gross mortgage lending to expats has increased by 4.85% from the previous month, this is the third month on the run. In addition to the month on month increases lending this year has increased 18.67% overall. Property continues to gain value in the UK albeit at a reduced rate, this looks like continuing for […]
This year has seen a record level of expat buy-to-let mortgage approvals as expat landlords look to increase their portfolios. Recent surveys of expat landlords clearly reveal they are in the market to increase their holdings as quickly as possible. The reasons are numerous for this trend, but it felt within the industry that Brexit […]
As many as one in three expat homeowners in the UK don’t know what mortgage rate they are on, potentially costing them thousands of pounds each year, according to new research. Are you one of these? The survey covered over 1500 expat homeowners with a mortgage in the UK and found that one in three […]
