Expats are using an independent broker more than ever before.

Expats are now using an independent broker more than ever before to secure their deals whether it be a new or re-mortgage.

A survey showed using a broker will reduce completion times, they are fully versed in the expat mortgage process and able to react to the lender’s requirements much quicker.

Why choose independent?

Very simple you will have a much bigger choice of deals as an independent is not tied to any one company.

2024 has seen a large increase of approved mortgage applications compared to the same period last year. These increases show how restrictions are being eased by lenders as they compete for every single bit of business.

All this positive news is giving the borrower confidence in the longer term.

Expat buy-to-let investors on the increase in 2024.

This is still a growth area for investors as more expats see the buy-to-let market as a sound option for the future, especially with property prices reducing nationwide.

The demand for good rental property has increased over the last 12 months due to the cost-of-living crisis and other factors.

Experts expected the buy-to-let market to decrease, and it did after all the new regulations were announced but that trend has now been completely reversed.

Like to talk over your needs?

If you are an expat looking for a new or re-mortgage, please do make contact and one of our qualified independent advisers will be happy to help.

Mortgage Broker For UK Expat Mortgages is advised. Is using a specialist expat mortgage broker for you?

If so, the mortgage broker for UK Expat will take control of the mortgage process. Therefore relieving you of the stress and paperwork. They will be able to deal with the mortgage company supplying the loan and answer any queries they may have, saving you time and money.

Selecting a mortgage to suit your needs will save money in the long term

Securing an expat mortgage doesn’t have to be difficult, it is always recommended to get expert professional help. Using a specialist expat broker will without doubt give you the edge as they will be experienced in this type of mortgage process.

Expats landlords – What is in store for 2025

With the fresh new year just a couple of months away there is much to consider. Thoughts of course turn to planning for what might be coming over the horizon!

For the expat buy-to-let market there have been some significant ups and downs. Particularly for expat landlord borrowers who have had deals ending in the last few months. Indeed expat landlords are looking at what finance they can secure in the future, from both a purchase and re-mortgage perspective. Getting specialist help will help ease these issues.

Many positives for 2025

The expat investor whether new or existing can be encouraged by the fact good rental property is in high demand in the UK. Mortgage rates now seem to be stable and property values continue to increase. So, all in all there is plenty of reasons to be optimistic your investment is sound and profitable.

Help required?

Finally if you are an expat looking for a new or re-mortgage, please do get in touch. One of our fully qualified independent advisers will be happy to assist.

Fixed Rate Mortgage For Expats. The mortgage business remains buoyant in 2024

September 2024 has seen more expat mortgage business being conducted than this time last year.

New applications for first time and re-mortgage business are also high. Particularly for the time of year indicating expats still have faith in the UK property market.

August & September saw a record number of expat re-mortgages as clients look to release equity built up over the years within their properties. The released equity is being used for various reasons including debt consolidation and funding their children’s education whilst abroad.

Expats are also re-mortgaging to fix the rate of their loan for the longer term.

If you are considering taking out a fixed rate mortgage or re-mortgaging, please call us and one of our independent advisers will be happy to assist.

UK property prices are stable and increasing in some areas

According to the latest figures house prices are still on the rise. July and August this year saw an average 2% increase as the UK economy which helps stabilise prices.

It is expected that house price increases will level out as the year goes on with a steady and reliable growth rate, again spelling good news all round.

At present the outlook for 2025 is very positive within the UK property market. Finally the signs are this will continue for the foreseeable future.

Need assistance?

Our professional independent advisers are used to dealing with all types of Expat Mortgages. As such they have vast experience in this area. Please do call to discuss your requirements and we will be happy to help.

Buy-to-Let for Ltd Company and establishing a limited company.

Half a decade ago, there would have been few in the mortgage market who might have predicted limited company expat buy-to-let as one of the major growth areas in the years ahead.

But that’s exactly what has happened in the expat buy-to-let sector. The market has shifted to accommodate how expat landlords might wish to take their portfolios forward and how they can try and secure the mortgage interest tax relief which has been steadily cut for those holding properties in their own names.

As an expat are you thinking of entering the buy-to-let market in the UK?

With UK property prices now no longer easing, if you are contemplating entering the market this could well be a profitable time.

Positives to consider

• Property prices are falling.
• Potential bigger gains on a later sale.
• Experts are predicting property price increases will return in middle to late 2025.
• Regular monthly income from rental income.
• Increasing waiting list of tenants looking for value in the renting market.

Expats, there are bargains to be had at the auctions!

Auctions are a great way to add to a buy-to-let portfolio or start one, with a wide range of bargains often going under the hammer.

Among the many attractions of buying property at auction is that purchasers avoid the conventional drawn-out process of property buying. As the property is sold in a matter of minutes as soon as the hammer falls. Abd buy-to-let ltd company options will save lots of personal requirements.

Preparation is key.

But before attending and bidding on property at auction, investors must conduct all necessary due diligence.

Can we help?

 If you would like assistance with your expat buy-to-let mortgage, please do call one of our expert independent advisers. We have years of experience in this market. Finally we look forward to being of assistance to you.

Fixed rate expat mortgage and re-mortgages. Expats with a mortgage in the UK should avoid the “wait and see” approach

Expats who avoid reviewing their current mortgage deal could well pay for this error in the long term as interest rates look to be going upwards. Not everybody will benefit from changing their mortgage, but it certainly makes sense to check how your existing deal stands up to the future.

 Fixing for the longer term could prove prudent

Popularity of longer-term deals had waned at the start of the year with expat borrowers opting to fix their mortgage for two years.

Greater competition from lenders keen to lure in borrowers for longer terms and rate rises on five-year deals increasing far less than those of the two-year options has caused a shift.

In June this year demand for five-year fixed-rate re-mortgages went up 40%. Thus representing half the market according to the report. In April they made up just 28% of this market.

It also emerged the number of expat borrowers using a broker to re-mortgage has also hit a record high. So now is the time for a fixed rate expat mortgage.

Lenders are eager to attract longer-term business which has created a competitive landscape for expats. This has ensured five-year average rates have remained relatively flat month-on-month.

Role of the UK broker

More expats are turning to a broker. This is perhaps because choosing a mortgage is one of the biggest challenges they will face whilst residing overseas.

Help required?

If you are an expat looking for a new or re-mortgage, please do get in touch. One of our independent advisers will be happy to assist.