UK Property Investment for UK Expats
UK property values are showing very positive signs
Experts believe UK property values will rise between 4% & 7% across the UK this year according to figures released by one of the major high street mortgage lenders.
If these figures are achieved it will reverse the current decline of this year, the report also states increases in values could be stifled by the possibility of further cost of living increases.
As an expat with property in the UK if you compare this annual growth to what could be achieve from an investment in any high street bank, property looks a very good bet indeed.
Interestingly the report states they expect growth to slow slightly more in the London area than elsewhere. It is likely properties in the North of the country will see the largest growth due to their current affordability.
Expat mortgages are readily available
Great news for the expat investor looking to buy or re-mortgage, plus now there are mortgages available with high loan to values! Interest rates seem to be stable so all in all it could be a good time to invest.
Property is still in short supply.
There has been and still is a shortage of supply which constrains activity in the housing market and levels of house building remain lower than years gone by.
It is believed due to the shortage of property available that house prices will remain stable for the foreseeable future which spells good news for expats with property in the UK.
Need some help?
If you require any assistance with your new or existing mortgage, please do call one of our fully qualified independent advisers who will be happy to help.