Mortgage rates are unlikely to improve in the near future so now is the ideal time for borrowers to secure a fixed-rate deal on their mortgage. Borrowers who are on a standard variable rate (SVR) or coming to the end of their term have the potential to save themselves thousands of pounds on their mortgage
The savings can be substantial and very rewarding.
The near all-time low rates will not last forever, the wise expat should look to secure a deal and speak to an independent broker straight away.
Not only can brokers offer a far wider range of products and options for consumers which they may otherwise not have access to, or the time to find, but their invaluable expertise will be able to help you secure a great deal on your mortgage.
What does a mortgage broker do for expats?
Essentially, they are there to help expats find the best mortgage deals in the UK. They aim to make that as simple and stress-free as possible, looking at each person’s situation and finding the best product to match their needs.
Coronavirus – Expats are asking, can I still apply for a mortgage?
Definitely yes! One big difference between the challenges of 2020 and the economic turbulence of 2008’s credit crunch is that there is no issue with the liquidity for banks and building societies.
They have the means and the willingness to lend. However, what we are seeing are disparities with how each lender responds to the current situation.
Our professional independent advisers are used to dealing with all types mortgages, they have vast experience in the expat mortgage market.