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UK Property For Expats

UK Property For Expats. As an Expat Investing in UK property, it remains one of the safest options you can make in this day and age. So, it comes as little surprise that the majority of expat landlords remain confident. As such with their investment in property they have no plans to exit the buy-to-let sector.

UK Property Interesting buy-to-let market for 2025 and beyond.

This current year has not been the most dynamic year for the housing market – on the face of it, anyway. Movement has been slow, with things only just starting to pick up now.

House prices have fared better in some regions than in others. With reasonable growth in Wales and East Anglia, for example, and a small reduction in other areas such as the Southeast.

The good news, if respected agents are to be believed, is that we will see a small increase across the board in 2024. With an overall rise of 15-25% expected over the next five years this is a great time for UK Property For Expats.

Meanwhile, average rents are up across all regions, with experts expecting 5-7% annual growth over the next five years.

Demand is still growing for quality rental properties up and down the Country.

Demand for quality rental property continues to grow. As such this year alone it’s grown by 7% against figures issued for last year.

The problem is now that supply of properties has fallen by 13.8% in the same period. On average for every quality property available to rent in a Town/City location 3 people are in competition for the occupancy.

As you can see this is causing great concern for prospective tenants. Also this is across the whole of the UK. Especially in the major Town and City areas.

On top of all these disturbing figures it is expected that the demand for rental properties is likely to increase well into 2025.

Need assistance with your mortgage?

Our professional independent EXPAT advisers are very experienced in dealing with all types of buy-to-let mortgages. For expat landlords with both single and multiple mortgages. Therefore Contact Us as we have access to a range of plans and would be happy to discuss your requirements.

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Renew Your Expat Mortgage

Renew Your Expat Mortgage and read our Expat Mortgage Reviews.

Expats need to get the message that re-mortgaging is where significant savings can be made. Especially with rates as they are now.

If you are an expat on a standard rate mortgage, would you like to save upwards of £1500 per year? These savings are of course dependent on the size of mortgage. As such surely it is worth checking.

Research shows that over 50% of all expat borrowers who move to their lender’s standard variable rate after their initial deal terminates do not re-mortgage or product transfer for 3-5 years. 

Also, the report shows a quarter of re-mortgagors said they find the whole re-mortgage process difficult, with 47% saying they didn’t have time to shop around.

Re Mortgage Warning.

A re-mortgage is not always suitable for everybody as your existing deal may well have penalties attached to change within the discounted period. It is always recommended to seek professional help as to what is best advice to suit your needs.

Expats are using specialised independent brokers for speed and efficiency.

About five million UK nationals live overseas. Therefore many are keen to hold on to a property in the UK, or to invest in a buy-to-let. As for a buy-to-let mortgage options are quite restricted. Also in most cases you will need to get a specialist landlord mortgage.

It is possible to secure a standard residential home loan as an expat. But it is tricky to arrange, lenders will want to see evidence that close family are living in the house. Since most expats work abroad and cannot live in two places, for the majority, a buy-to-let is the more appropriate solution.

It can be a difficult process to secure a mortgage when clients are overseas. Especially with the time difference and tighter lending criteria.

Using a specialist Expat independent mortgage broker will certainly make the process far less stressful and time consuming.

Can we help?

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

 

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Buy to Let Mortgages for UK Expats

Buy To Let Mortgages for UK Expats have grown significantly in the last 10 years.

The expat buy-to-let market has grown over the last 10 years, and nothing seems to slow it down. More existing expat landlords and indeed new ones are buying properties to convert to this very lucrative market.

  • Over the last 18 years an investor on selling could see a profit of 800%
  • If that money had been invested in gilts the returns would have been 230%
  • In 2023 4 million house are recorded as rented
  • It is estimated lettings will rise to 7.1 million in the next 10 years.
  • It is estimated by 2028 32% of people under 40 will be renting.

As you can see some very hard-hitting facts and figures and if the estimates are correct now is the time to start thinking expat buy-to-ley for your next investment.

Whichever way you look at it the figures prove people still perceive UK property to be a good sound long term investment. If you study the figures on investment returns property has yielded over the last 18 years, it’s little wonder why.

Bright future for UK property

Expat UK homeowners will be encouraged by the recent predictions various experts have expressed on the housing market. The predicted general outlook for 2025 and beyond is good condition property will boom but who knows how accurate this will be, but the signs are encouraging.

Property will once again be a hot topic in 2024/25 – whether it be a lack of homes being built or annual price inflation. This is sure to fuel the letting market as people struggle to find the funds needed for a house purchase.

Need assistance with your expat mortgage?

Our professional expat independent advisers are very experienced in dealing with all types of buy to let mortgages both single and multiple. We have access to a vast range of plans and would be happy to discuss your requirements. Contact Us today to find out more.

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UK Expat Landlords

UK Expat Landlords – Demand is high for quality rental properties.

Demand for quality rental property continues to grow in the UK, this year alone it’s grown by 7% against figures issued for last year.

The problem is now that supply of properties has fallen by 16% in the same period. On average for every quality property available to rent in a Town/City location 3 people are in competition for the occupancy.

As you can see this is causing great concern for prospective tenants. This applies across the whole of the UK, especially in the major Town/City areas.

On top of all these disturbing figures it is expected that the demand for rental properties is likely to increase well into 2025 and beyond. Although there has been a significant increase in first time buyers securing a property many still cannot raise the necessary deposit.

All this is very encouraging news for UK expat landlords. They are very unlikely to have good properties vacant at any time or not for long if they do.

Plus, with so much demand the long-term future looks very encouraging. Expat landlords have had so many setbacks of late, this news will be very welcome indeed.

Existing expat landlords are still seeking to increase their portfolios. Also interest rates still offer the opportunity for good long-term returns.

Many estate agents across the country are reporting a high demand for the “lettable property”. One agent in the Manchester area commented “demand is far out stripping supply at present and consequently rents are being driven upwards”.

Need assistance with your mortgage?

Our professional independent advisers are very experienced. Dealing with all types of expat buy-to-let mortgages both single and multiple. Contact Us today to find out how we can help without obligation.