February 2021 gross mortgage lending to expats has increased by 6.8% from the month before, this is the fourth month on the run. In addition to the month-on-month increases lending this year has increased 18.2% overall. Experts believe these strong figures are down to Brexit. There is definitely less confidence in the property values of […]
There was a surge in re-mortgage activity in February and March of this year, as expat borrowers look to lock into cheap deals ahead of an expected interest rate rise. Since the financial crisis in 2008 mortgage rates have steadily fallen. However, with the Bank of England hinting that it could raise interest rates in […]
The UK property market continues to grow at a rapid rate and offers better longer-term security. Expats are very keen to get a foothold in the UK property market and we have received a lot more enquiries of late. We have also seen an increase of existing property owners adding to their portfolios, indicating client […]
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 […]
Expat successful mortgage applications are up from 2020, a new report has highlighted. It also seems that expat first-time buyers are the ones with the most activity. Over two-thirds of mortgage applications by expat first-time buyers were successful in the last four months of 2020. The average number of expat enquiries has also risen dramatically […]
More 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 in the immediate future. Popularity of longer-term deals had waned at the start of 2020 […]
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 long-term investment” or a way of laying financial security for the future. Bricks and mortar have always been a national obsession. The […]
2020 proved to be a very strange year indeed with the pandemic capturing the headlines every day and the economic consequences of the lockdowns impinging on every aspect of daily life. However following an initial hiatus in the Spring the housing market bounced back strongly – and somewhat surprisingly – as evidenced by the statistics […]
Thousands of expat borrowers could be missing out on a better mortgage deal by not speaking to an independent adviser, research has found. The survey of over 1,200 expats revealed that 33% who went direct to a lender did not understand how an independent mortgage adviser could help with their search. The findings also showed […]
Expat re-mortgaging levels have soared to an eight-year high as borrowers take advantage of lower monthly repayments, figures have revealed. The number of expats re-mortgaging in December and January increased by more than a third year-on-year to almost 3,300 – the highest number since January 2011. The value of re-mortgaging fell due to a drop […]
