Expats enter the UK buy-to-let market?
Expats enter the UK buy-to-let market. As such a large number of expats are entering this market for many reasons as below.
Firstly Buy-to-Let properties offer…
Interest only mortgages.
Good potential returns on capital invested.
Tax efficiency.
Attractive mortgage interest rates.
Potentially better returns than on offer at high street banks.
Finally these are just a few reasons why expats are considering the buy-to-let market.
If you are considering entering this market, always seek advice. As such we offer advice on the types of mortgages available that best suit your needs.
You will need a deposit of at least 25%. However this varies from lender to lender, so do contact us to discuss your options.
Valuable top tips on buy-to-let properties
- Choose an area you know for your buy to let investment.
- Make sure the area has potential for growth in the future.
- Do the figure work and be sure of the level of rental income you can expect.
- Think about the type of tenant you are looking for and match the property to fit.
- Check with an accountant your own tax position if you went ahead.
- Make sure the mortgage deal is the right one for you.
Renting property is set to increase in 2025
Home ownership in the UK is set to fall below Europe. And for the first time after the boom in buy-to-let lending in the last 10 years.
More and more people in the UK are pushed into the rental sector right now. Additionally this is allowing our continental neighbours to catch up, according to latest figures. Expats enter the UK market and can take advantage right now.
Can we assist?
If you require help with your new or re-mortgage, please do call or contact. One of our fully qualified independent advisers and they will be happy to assist.