Highest LTV Mortgage For UK Expat ?
New higher loan to value (LTV) expat mortgages are now expanding.
Just released, 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.
Check if you qualify
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, UAE Dirham, Kuwaiti Dinar, Qatari Riyal, Australian Dollar, New Zealand Dollar, Danish Krone, Swedish Krona, Saudi Riyal.
Estate agents around the country are reporting a high demand for low end quality properties with first-time expat buyers being very active.
The UK property market continues on an upward spiral and offers longer term growth and security. Mortgage lenders are offering good interest rates to attract new business, so if you are contemplating investing now would seem a good time to buy in the UK.
There is little doubt the attractive mortgage interest rates and higher loan to value deals currently on offer have played a key role in driving these figures.
Expat borrowers have taken advantage of the current rates and used a re-mortgage in particular to their benefit.
Interest rates and higher loan to value deals are certainly in the borrower’s favour at present but there is always a lot of debate of how long these rates will last. All of this in mind it could be a very shrewd move to consider your own mortgage position.
It is very commonplace for clients with a mortgage to just leave it as they are not aware of the savings that could be achieved with a re-mortgage.
As an expat do check your current mortgage as you could be paying more than you need to!!
Need assistance?
If you require help with your current or new mortgage, please contact one of our experienced independent advisers who will be happy to assist.