UK Property Deals for Expats

UK Property Deals For Expats. UK property search increases month on month

Searches for UK property by overseas buyers have grown steadily over the last 12 months.

They now account for 11% of all activity in the first six months of this year, compared to just -6.8% three years ago.

It said most expat investors are keen to capitalise on softening prices and a weaker pound.

Which Expats are looking at UK Property Deals?

US house hunters are watching the UK market most closely, accounting for nearly 70,000 searches in the first quarter of this year, as shown by the list below of the top 3 countries where buyers are searching from:

USA, Hong Kong & Ireland.

Owning property in the UK is a goal of many overseas property investors including expats.

The preferred areas in the UK

London is in strong demand as the third most sought-after location, but the UK’s regional cities could benefit the most from interest from overseas buyers, with Glasgow and Birmingham the most popular search locations, followed by Manchester and Leicester.

More expats choosing independent broker assistance for mortgages advice.

The number of expat mortgages coming through independent brokers has risen steeply over the last 2 years, this figure now stands at 80% from 62% last year.

There has been a steady increase in mortgages sold by intermediaries to expat buyers and re-mortgagers as the market remains very buoyant indeed in 2024.

Assistance required?

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