Expat Re-Mortgage Deals

Expat Re-Mortgage Deals Available Now.

Buy-to-let re-mortgage activity very high and increasing rapidly. Expat re-mortgage deals and activity has increased significantly in recent months.

Expat buy-to-let landlords still can re-mortgage to a lower interest rate. Thus saving vast amounts on repayments in the process, so it is no wonder re-mortgaging has reached record levels.

The proportion of expat buy-to-let re-mortgages has risen by 11% over the last 12 months. Mainly thanks to an increase in mortgages available to landlords.  As such presenting them with an opportunity to switch mortgage firms to find more attractive rates!!

Re-mortgaging overall is up almost 20% year-on-year, supported in part by the fact that expat lenders have launched some new products widening criteria to more niche markets, helping to drive re-mortgaging.

Many expat landlords who have been saddled with lenders on less than competitive interest rates, or stuck on higher standard variable rates, have been able to switch to new lenders.

It is expected that demand for re-mortgaging will continue to rise in 2024. And also into 2025, especially if there are further rate rises.

There is likely to be a shift towards more consumers considering longer term fixed rates, as the risk of rate rises remain for the time being.

Need Re-Mortgage Assistance?

Our professional team of fully qualified independent advisers are used to dealing with all types of expat re-mortgage/mortgage business. Please do call to discuss your requirements and we will be happy to help.