Will Uk Property Prices Rise? Expat borrowing rising again at a rapid rate

Gross mortgage borrowing in the expat sector is up 22% from last year. April and May applications hit an eight-year high.

Approvals reached a record in 2025 and are expected to remain strong into 2026. Re-mortgaging continues to rise as homeowners lock in favourable fixed rates ahead of potential interest rate hikes later in 2025.

Re-mortgage

If you are among the many expatriates who have not yet re-mortgaged and remain on a standard agreement, now is an opportune moment to reassess your financial situation.

Should current predictions prove accurate, interest rates are expected to increase within the coming months, with additional rises anticipated thereafter.

There are, however, still attractive fixed and discounted mortgage deals available, including options with improved loan-to-value ratios.

It is advisable to consider these offerings soon, as they may not remain accessible for much longer.

UK property prices increasing at a steady pace

Recent data indicates that house prices are once again increasing. While growth in June and July was solid, it did not reach the levels observed in previous years; nevertheless, the performance remains encouraging.

Projections suggest that house price increases will stabilize over the next year, with steady and dependable growth anticipated—an overall positive development for the market.

Currently, the outlook for 2026 is highly favourable, and prevailing indicators suggest this trend is likely to persist in the foreseeable future.

Can we assist?

If you require some help with your current or new mortgage, please do call one of our fully qualified advisers.

Best Mortgage Deal For Expat Brits? Expats are you paying out more than you need to?

Expats with mortgage agreements set to expire, or who are currently on their lender’s default rate, may reduce costs by over £4,500. This through switching to a fixed-rate product.

According to a recent report encouraging remortgaging, the research indicates that moving from the lender’s Standard Variable Rate (SVR) could result in savings of more than £4,500. This within a year.

If borrowers do not re-mortgage when their initial term ends, they move to the standard variable rate (SVR). Which is typically higher. If the Bank of England raises interest rates as some predict, lenders may also increase their SVR. Therefore, expat borrowers whose deals are ending or who have moved to the SVR may consider switching to a new fixed-rate deal.

It is important to note that there is currently a wide range of higher loan deals available, which may make remortgaging a more appealing option.

Time to review your mortgage deal?

Mortgage rates are not expected to decrease in the near future. So some borrowers may consider securing a fixed-rate mortgage deal at this time. Those who are currently on an SVR or approaching the end of their term could reduce their mortgage costs, potentially freeing up funds for other uses, such as home improvements or travel.

Use an independent broker to review your mortgage

The only guaranteed interest rate is the current one available. If you are considering refinancing your mortgage, consulting a mortgage broker may provide access to different deals. It is important to consider any additional charges, early redemption penalties, locked-in interest rates, and future projections.

Brokers offer access to various mortgage options. They can use their knowledge to identify deals that may not be readily apparent.

Can we help?

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