holiday let mortgages for expats

Mortgage Rates for Expat Buy-to-Let

Mortgage Rates For Expat Buy-To-Let

Expat buy-to-let still offers sound returns on a long-term basis.

Buy-to-let investments will continue to offer attractive rates of return compared to other asset classes.

Buy-to-let mortgages play a vital role in supporting housing supply in the private rented sector. With the market representing nearly 13% of new UK mortgage lending. Mortgage Rates for Expat Buy-to-Let can have many variables.

Expats buy-to-let student accommodation.

Expats have seen to potential growth in this area and are reaping the rewards!!

Expat landlords could well be missing out on the blossoming student rental market sector.  They may well be unaware of the potential returns on offer.

According to a new report recently released of existing landlords over 33% said they were completely unaware of the potential returns this type of letting can produce.

The number of students is rising at a rapid rate and over the next decade the figure is expected to double. One other very important factor many expat landlords miss is that the UK is becoming a very popular destination for foreign students which again is a very lucrative market.

The 3 main reasons to consider this type of business:

High yields: Depending on location between 8%-14% net yield is possible.

Demand: Rising student levels means there is always a demand for this type of property.

Shifting priority: Students have shifted since the rise of tuition fees to private shared letting.

Can we help?

If you are looking for a new or re-mortgage, please do make contact and one of our independent advisers will be happy to assist.

expat mortgages homes

Expat Mortgage Options

Expat Mortgage Options

Do you live overseas and want to buy a property in the UK? Considering your Expat Mortgage Options?

Britons living abroad, either temporarily or permanently, will need to obtain a mortgage from a lender that has chosen to lend to expats.

Typically, expats are looking to invest in buy-to-let property whilst living overseas. As such perhaps to provide an income in retirement or even to live in upon their return.

Whilst fluctuating exchange rates can, at times, provide a good opportunity for investors, it is also true to say that many expats earn better salaries abroad than they would do here in the UK.

A lower cost of living means they have more disposable income and want to invest in UK property.

As an expat are you thinking of entering the Buy-to-Let market?

 If so, firstly seek advice on your tax position and if incorporation (Limited Company) could be right for you.

More and more expat investors are considering entering this market for various reasons. What can a buy-to-let investment offer you?

Interest only mortgage.

Good potential returns on your capital invested.

Potentially better returns than on offer at high street banks.

Above are just some of the reasons why expats are considering a buy-to-let investment. If you are thinking of entering this market, always seek advice on the types of mortgages available that best suit your needs. You will generally need a deposit of at least 25%, this varies from lender to lender but the bigger the deposit the better the deal.

Can we help?

If you are looking for an expat new or re-mortgage, please do make contact and one of our fully qualified independent advisers will be happy to assist.

 

UK Expat Buy to Let Mortgage

UK Expat Buy To Let Mortgage.

Expats mortgage completions rising rapidly.

The last few months have seen a large level of expat buy-to-let mortgage approvals as landlords look to increase their portfolios.

The reasons are numerous, expats are very encouraged by the demand for rental property plus rents are increasing annually.

Home ownership in the UK has fallen to its lowest level for over 15 years which may well shock some people. When you look at the overall cost of buying a property in the UK perhaps it is not quite so surprising!

Brits living in countries where the currency is pegged to the USA’s, such as Hong Kong have been attracted to investing in property back in their home country.

What is happening is investors, including expats, are still buying-to-let in Britain. As such you may be searching UK Expat Buy To Let Mortgage. But perhaps focusing on lower loan-to-values and using larger deposits. Furthermore to take the various changes into account, as well as adapting their portfolios and business models to maintain their profitability. For example, by looking at up-and-coming areas across the UK instead of the more traditional rental hotspots like London.

Expat buy-to-let mortgages.

It is always recommended to be very selective before deciding on what mortgage best suits your needs. With the deals on offer it always pays to look at all the options. As an example a long-fixed rate deal may be very prudent with the fear of more interest rate rise looming.

An independent broker is recommended, and they will point you in the right direction plus save you time and money.

Need some help?

If you need assistance when choosing your next mortgage call or make contact with one of our experienced independent advisers. We will be pleased to assist.

holiday let mortgages for expats

Buy UK Property From Abroad

Buy UK Property From Abroad

An expat mortgage broker will get the best deal for you.

When funding big investments, such as the purchase of a property, choosing the finance method is a vitally important part of the process. An expat independent mortgage broker acts as a go-between who helps the borrower identify the most suitable lender. Furthermore a direct lender is a bank or other financial institution that decides whether the consumer qualifies for the loan. As such, to buy UK property from abroad has never been easier.

The challenges mortgage brokers help you overcome.

More than 65% of expat buy-to-let landlords use an independent broker because researching suitable mortgage products is a challenging task. When setting up an expat mortgage from abroad it is so helpful to have your independent adviser based in the UK who can conduct the process on your behalf, it saves time and money!

Every expat has unique needs and objectives but one thing we all have in common is saving money.

If your current mortgage deal has no exit penalty or is coming to the end of its deal period, you may wish to look at a fixed rate deal. There are currently some very advantages rates on offer so now could be a very good time to act.

Re-mortgage to reduce your outgoings.

There are many reasons to consider a re-mortgage especially if you are currently on the standard variable rate (SVR) but you should remain cautious as this is not always the correct action to take.

Always seek independent advice as to the best way forward for yourself as your current plan may well have penalties. The most popular re-mortgage reasons are listed below.

Securing a better rate of interest

Changing to a fixed deal to manage outgoings.

Raising capital

Reducing current loans or credit cards

Mortgage advice?

If you need assistance with a new or re-mortgage, then please contact our expert independent advisers who are waiting to help.