With the new tax changes that have come into force recently, expats are strongly advised to seek advice from an accountant on what can be done to maximise profitability. Expat landlords could be looking at reduced profitability due to the tax relief on mortgage interest paid being changed. There is also a new stamp duty […]
If there is one area of the mortgage market many expect to present a challenge then it is the expat buy-to-let, but its demise has been greatly exaggerated. This year alone has seen more new expat buy-to-let deals complete than at any time in the last 4 years. This is a sector that has confounded […]
Expat mortgages is seeing a surge in enquiries from Asia, as Hong Kong is identified as the most expensive city for British expatriates to live in. A recent study carried out found that Hong Kong is now the most expensive city for British workers to reside, closely followed by Tokyo, Zurich, Singapore and then Seoul. […]
Expats who currently own property in the UK are without doubt seeing a very good return on their investment. House prices increased again last month but it has to be said this growth is slowing month on month at present. UK property historically has always been a sound and solid long-term investment and if the […]
Recent figures just released show expat re-mortgage business is at an all-time high and rising. Looking back at the start of 2018 re-mortgage applications to date are 32.5% higher than the same period last year. The vast majority of expat re-mortgages are borrowers taking advantage of the still low interest rates currently on offer as […]
Many of the 4 million plus expats have a strong desire to own their own property in the UK. Property prices seem to be rising all the time and its little wonder the majority of expats seek UK ownership. It’s true certain parts of the country are stagnating in terms of increasing but on the […]
Britons living abroad, either temporarily or permanently, will need to obtain a mortgage from a lender that has chosen to lend to expats. Typically, expats are looking to invest in buy-to-let property whilst living overseas, perhaps to provide an income in retirement or even to live in upon their return. Aside from investors there are […]
Since the end of last year the expat mortgage market has seen much more activity in both new and re-mortgage applications. The UK property market continues on an upward spiral albeit slower than years gone by and still offers potential longer-term growth and security. Expats are always keen to secure property in the UK and […]
House prices have hit a fresh record high in the UK, but property inflation has slowed to its lowest level since March 2017, according to official figures. The average house price was up 3.9% in the year to £227,000 in the year to April, the ONS revealed today. London house prices staged a surprise bounce […]
Expat mortgage lending is forecast to reach the highest level since the financial crash of 2007 despite Brexit uncertainties, according to the latest annual market review. If all the predictions are correct, 2018 will see the eighth year of expat mortgage lending growth. A great deal of this growth will be driven by re-mortgage activity, […]
