Fixed Rate Mortgage for ExPats

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.