Buy UK Property From Abroad
Buy UK Property From Abroad
An expat mortgage broker will get the best deal for you.
When funding big investments, such as the purchase of a property, choosing the finance method is a vitally important part of the process. An expat independent mortgage broker acts as a go-between who helps the borrower identify the most suitable lender. Furthermore a direct lender is a bank or other financial institution that decides whether the consumer qualifies for the loan. As such, to buy UK property from abroad has never been easier.
The challenges mortgage brokers help you overcome.
More than 65% of expat buy-to-let landlords use an independent broker because researching suitable mortgage products is a challenging task. When setting up an expat mortgage from abroad it is so helpful to have your independent adviser based in the UK who can conduct the process on your behalf, it saves time and money!
Every expat has unique needs and objectives but one thing we all have in common is saving money.
If your current mortgage deal has no exit penalty or is coming to the end of its deal period, you may wish to look at a fixed rate deal. There are currently some very advantages rates on offer so now could be a very good time to act.
Re-mortgage to reduce your outgoings.
There 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 independent advice as to the best way forward for yourself as your current plan may well have penalties. The most popular re-mortgage reasons are listed below.
Securing a better rate of interest
Changing to a fixed deal to manage outgoings.
Raising capital
Reducing current loans or credit cards
Mortgage advice?
If you need assistance with a new or re-mortgage, then please contact our expert independent advisers who are waiting to help.