Can a UK Expat Get A 90% Mortgage ?

Can a UK Expat Get A 90% Mortgage ?  Expats are very keen on the new 90% loan to value deals!!

The average number of expat enquiries has risen dramatically this financial year. So Can a UK Expat Get A 90% Mortgage?  As expats look to get a foothold on the UK property ladder especially now the higher loans to value are available.

Even with all the uncertainty around the world the UK property market is still seen as one of the most lucrative. The majority of working expats living abroad always want to retain and add to their UK property portfolio. Also as markets in other European Countries simply do not return the same profits.

Rising levels of mortgage enquiries, applications and completions shows that a significant number of expat first-time buyers are still both willing and able to get a foot on the UK property ladder.

UK property values remain stable. Additionally rentals are in great demand!  This is a testimony to the long-term potential growth this market offers.

Even with all the uncertainty in Europe and the UK the market remains resilient and profitable. Which is why expats see this area as good financial security.

Who is looking?

US house hunters are watching the market most closely, accounting for nearly 70,000 searches in the first quarter of this year, as shown by the list below of the top 3 countries where buyers are searching from:

USA, Hong Kong, Ireland and Europe in general

Owning property in the UK is a goal of many overseas property investors including expats, it’s clear a rise in the proportion of searches for UK property which are taking place overseas since June 2020.

Can we help?

Finally if you are looking to invest in the UK, please do contact us. One of our qualified independent advisers will be happy to assist.