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Can a UK Expat Buy A House In The UK ?

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Can a UK Expat Buy A House In The UK ? Expats are seeking UK security

In this current volatile and dangerous world, many Expats are seeking safety and security in keeping or buying a UK home.

UK Expats based in the Middle East can find comfort in the security and flexibility a UK property offers.

Also there is little doubt expats are looking for security in these turbulent times as mortgage enquiries are at an all-time high.

Good news is there are higher loan to value deals readily on offer to assist both new and re-mortgage applicants.

Many positives for 2025 and beyond

The expat investor whether new or existing can be encouraged by the fact good rental property is in high demand in the UK.

Mortgage rates now seem to be stable and property values continue to increase. So, all in all there is plenty of reasons to be optimistic your investment is sound and profitable.

Is using a specialist expat mortgage broker for you?

If so, the broker will take control of the mortgage process. Therefore relieving you of the stress and paperwork. Additionally they will be able to deal with the mortgage company supplying the loan and answer any queries they may have, saving you time and money.

Items you will need to apply for an expat mortgage

Contact details

Property purchase details

Deposit available

Certified proof of address

Certified ID (Passport)

Bank statements (Normally 6 months)

Wage slips (Normally 6 months)

Certified accounts if self-employed.

These requirements vary from lender to lender. As such the above is just to give you a guide to help speed up the process. Contact us for any assistance you may require.

Help required?

Finally if you are an expat looking for a new or re-mortgage, please do get in touch. One of our fully qualified independent advisers will be happy to assist.

 

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Expat Landlords Needed !

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Expat Landlords Needed. Expats looking to invest in UK property

Firstly If you are an expat and considering buying a new property. As such in the UK or expanding your current portfolio you may wish to read on!

Rents around the Country are set to soar

Rents are set to surge by 17% over the next five years. This as a shortage of properties pushes up prices.

The reduction of new property coming to the market last month was the most striking aspect of the market, with 27% more surveyors noting a fall rather than a rise in new landlord instructions. It is the eighth consecutive month of declining supply.

The shortfall will have a limited impact in the short term, raising rents by around 2-4% nationally, but by 2029 there will be a significant increase in costs for tenants, according to the findings.

Raising an expat UK mortgage

Finding a property you want in the UK is the first step and is relatively easily done. The next issue to address is raising that all important expat mortgage.

Good news is this is not as difficult as it sounds so don’t be put off or misinformed. Always by what you may hear from the banks overseas. The expat mortgage market has grown significantly over the last 2 years and lenders are very keen to secure your business.

With the correct advice and support securing an expat mortgage can be a very simple process. Getting this support is a vital component in the chain of events, due to the applicant’s location, as it is likely he or she will be living abroad.

Using a broker registered with the FSA in the UK you’ll enjoy a number of advantages compare to “going it alone”.

These include:

  • Choice of deals currently available
  • Choice of lenders
  • Expert advice
  • Fully qualified adviser
  • FSA regulated

Can we assist?

Finally If you require help with your new or re-mortgage, please do contact. One of our fully qualified independent advisers.

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Can A UK Expat Remortgage Their UK property ?

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Can A UK Expat Remortgage? Expats are releasing equity due to higher loan to values (LTV) deals on offer

Firstly Expat mortgage business is very buoyant currently. In particular the re-mortgage area as expats look to released locked capital within their UK properties. So can a UK expat remortgage?

A recent report shows the average amount released currently stands at over 40,000 per case. This as of February this year and the number of re-mortgages rose by 26.3% year to date.

This high activity is attributed to the much-increased LTV deals on offer now and expats seeking new investment opportunities.

Our director of expat mortgages commented “It would seem expats are re-mortgaging their current UK property to raise funding for further purchases within the buy-to-let market”.

Over the coming week’s speculation about the possibility of rate rises will continue to dominate the news and have an unsettling effect on the markets. However, this should not dissuade people from re-mortgaging if there is a financial benefit to the borrower.

There are many very good re-mortgage deals on offer currently with good interest rates being available. If you are considering a re-mortgage, it may well be prudent to explore what fixed deals are on offer as at some stage interest rates are likely to rise.

Expats who avoid reviewing their current mortgage deal could well pay for this error in the long term.

Not everybody will benefit from changing their mortgage, but it certainly makes sense to check how your existing deal stands up to the future.

A “wait and see” approach is best avoided for existing expat UK homeowners considering re-mortgaging.

Can we help?

Finally If you are contemplating a new or re-mortgage, please do make contact. One of our fully qualified independent advisers who will be happy to assist.

 

 

uk property holiday lets mortgages

Can a UK Expat get a Mortgage ?

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Can A UK Expat get a Mortgage/ Real value for money and long-term security in the UK property

Firstly The UK property market offers really good value for money if you own a property or can afford to buy one. So can a UK expat get a mortgage.

Anybody who has owned a property in a good area of the UK over the last 15 years would have seen their investment grow substantially.

Traditionally the UK property market has always offered good value long term investment potential and there is no reason to believe this will not continue long into the future.

Selecting a mortgage to suit your needs can be complicated

Securing an expat mortgage doesn’t have to be difficult. It is always recommended to get expert independent professional help. Using a specialist expat broker will without doubt give you the edge as they will be experienced in this type of mortgage process.

New higher loan to value (LTV) expat mortgages!!

 There are now up to 90% LTV mortgages available at advantageous rates. So, unlike the past expats have a lot more choices available which can only be good news.

 Expats with salaries paid in the following currencies can apply.

 These deals are open to expats abroad with proven salaries in the following currencies.

Sterling, Euro, Swiss Franc, Norwegian Krone, US Dollar, Canadian Dollar, Singapore Dollar, Hong Kong Dollar. As well as UAE Dirham, Kuwaiti Dinar, Qatari Riyal, Australian Dollar, New Zealand Dollar, Danish Krone, Swedish Krona, Saudi Riyal.

Need assistance?

Finally Our professional team of fully qualified independent advisers are used to dealing with all types of expat re-mortgage/mortgage business. Please do call to discuss your requirements and we will be happy to help.