Expat buy-to-let.

The Expat mortgage market is stable and thriving.

The expat buy-to-let mortgage sector has been more resilient than the residential mortgage one during the past six months.

Despite initially pulling deals from the market, mortgage choice has been on a broadly upward trend since July 2023, while the small fall in average rates suggests the market remains competitive and lenders are keen to do business.

Limited company expat buy-to-let mortgages.

As this area of expat buy-to-lets mortgages grow so has the choices to the borrower. Mortgage providers have not been slow to increase the number of fixed and tracker deals. Also, the charges and interest rates have reduced as popularity has increased which goes to prove lenders are in fierce competition to secure new expat business.

Buy-to-let limited company mortgages.

The majority of the expat buy to let purchase transactions made through limited companies last year were related to additional property acquisitions, although the figures also include expats selling property they already own personally into a corporate structure.

All transfers of properties from individuals to limited companies must be treated as a new purchase, and therefore do not qualify as a re-mortgage.

Confidence in brokers increases at a fast rate!

Expat landlords will know only too well how difficult it is selecting the correct mortgage deal due to the complexity of an expat mortgage. The last 3 years has seen a massive shift towards expats using a professional independent broker to secure the correct mortgage for their needs. This trend is continuing into 202’ with broker related deals increasing year on year by 34.6%.

Can we help?

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

Expat buy-to-lets for student accommodation showing huge increases.

Expat landlords could well be missing out on the blossoming student rental market sector. Expats maybe unaware of the potential returns on offer.

This is according to a new report recently released of existing expat landlords. In fact over 40% said they were completely unaware of the potential returns and high yield they can enjoy.

The number of students is rising at a rapid rate. Furthermore over the next decade the figure is expected to double. Are you missing out?

The 5 main reasons to consider this type of business:

High yields: Depending on location between 8%-10% net yields are possible.

Managed & Maintained: Plenty of very good local companies with experience in this type of letting.

Demand: Rising student levels means there is always a demand for this type of property.

Options open: Any expat landlord interested in this type of business can invest.

Buy-to-let choices grow:

Competition has grown over the years in the expat buy-to-let market as providers fight for the business. As such fixed rate deals are the fastest growing area of the buy-to-let market.  The threat of rate rises are still looming in clients thoughts.

Lowest interest rate mortgages and fees are reserved for low loan to value ratios. So basically, the larger the deposit level you have the better the deal that can be achieved.

Finally having said all this there are still some great deals available for those with a low deposit level.

Help With An Expat Mortgage?

If you require assistance with your expat mortgage planning please do call or contact us. One of our fully qualified independent advisers who will be happy to assist.

 

Expats Show Interest in UK Property.

Overseas Buyers and Expats.

Overseas buyers and expats are sizing up the UK property market for potential bargains. Taking advantage of the weak pound and falling property prices, according to the latest figures released last week. A report found that searches for UK property by overseas buyers has grown steadily over the last 12 months. They now account for 7.1% of all activity on the portal in the first three months of this year. This compares to just 3.9% three years ago.

Investors Keen To Capitalise.

A recent report said some investors are keen to capitalise on softening prices. As well as weak pound, buyers are finding worthwhile discounts on a range of properties. Expats show interest in UK property in these present times and reap the rewards on offer.

Independent Broker For British Expats.

Expats are choosing independent broker assistance for mortgage advice. As such the number of expat mortgages coming through brokers has risen steeply over the last 2 years. This figure now stands at 82% from 68% last year.

There has been a steady increase in mortgages sold by independent brokers to expat buyers and re-mortgagers. As such the market remains very buoyant indeed especially the buy-to-let side.

Independent broker benefits

Full range of mortgage choices.
Industry qualified independent advisers.
UK based for easy communication.
Fully automated service.
Faster completion.

Assistance required?

If you would like help with your new or re-mortgage, please do make contact.  One of our independent Expat mortgage advisers will be happy to help.

Active Expat Landlords.

The last twelve months has seen a record number of expat landlords re-mortgaging to release capital and this has been used for numerous reasons including debt consolidation. Current re-mortgaging applications for October and November are again showing large increases on the same period last year.
Confidence remains high within the expat community who have buy-to-lets in the UK. This is without doubt down to the ever-increasing value of good quality properties.
This looks set to continue long into the future. Even with the general uncertainty property values have remained stable and offer good potential long term profits.
Expat buy-to-let mortgages.
The range available includes fixed, tracker and standard deals with very good discounted periods. We would always recommend discussing your needs with an expert independent adviser who has all the up-to-date deals available. This course of action can indeed save you thousands of pounds in the long term. Interest rates remain competitive with some very good longer term fixed deals available.
As an expat If you are looking to enter the buy-to-let market consider these points:
1) Target your tenant – Students, young professionals, or families.
2) Purchase the right sized property – Vast majority of tenants want 1-3 bedrooms.
3) Location – Key to any success, near schools, shops or local businesses.
4) Property – Should be clean well decorated and meets government regulations.
Following these very simple tips will ensure you have maximised your long term potential profitability.
Need help?
If you are looking for assistance with your mortgage or re-mortgage, please do not hesitate to contact us. One of our fully qualified INDEPENDENT expat mortgage advisers who will be happy to help.

Expat Investing in UK Property.

Rents have risen sharply over the last year and are expected to continue moving upwards. A result of supply and demand pressures persisting.

Annual rental growth is now 13.3%, according to the latest UK Rental Market Report, outpacing earnings growth in all regions and countries of the UK.

The property portal said that average rents have risen by £125 a month over the last year to £1,109.

Rents are rising quickly across all parts of the UK, ranging from 7.6% in the Northeast to almost 18% in London.

Supply shortages

Rents are being pushed up by the severe and chronic undersupply of homes to rent, according to a recent report.

The rental market faces an imbalance of supply and demand that has led to a surge in rents. The stock of homes for rent remains almost half the average compared to the last five years.

At the same time, private landlords continue to sell their homes in the face of significant tax and regulatory changes.

Demand for two-bed flats has risen dramatically which is likely due to rising energy prices. The gas needed to heat a purpose-built flat is 40% lower than that for a three-bed house.

Latest figures clearly show that the chronic undersupply of rental homes shows no sign of changing, which means that rents are expected to continue to grow at above average rates into 2024.

Need some help?

If you are thinking of re-mortgaging or want advice on a new mortgage, please do call or contact and one of our fully qualified advisers who will be happy to assist.