Expats are reaping the rewards. Tenant demand has risen in 2023 to hit the highest level recorded since 2011, according to recent demand figures. 62% of landlords who reported increasing tenant demand in the first quarter of 2023 is double that of the same period a year ago. And it’s almost four times the […]
Expat holiday buy-to-lets are getting more popular and profitable. The rise in staycationing has fueled an increase the use of properties as holiday lets. Attracted by the potential returns and keen to diversify their portfolios, existing expat buy-to-let landlords are expanding their portfolios into holiday let, as are would-be investors who dream of owning a […]
The UK bargain property market is diminishing rapidly. Expats searching for a property in the UK are finding it more difficult than ever before. Finding a property of value in the South is almost impossible and in the North things are not a lot easier. Expat yacht crews are employing the services of local estate […]
Securing an expat mortgage on a UK property Finding the UK property you want 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 by what […]
Yacht crew expat first time buyers increase. The number of new yacht crew expat first-time buyers has increased dramatically in the first quarter of this year. It would seem expat yacht crews want to get a foot on the ladder in the UK so to speak perhaps as a backup for the future. Even with […]
Expat Yacht Crew lending expanding in all areas. March 2023 gross mortgage lending to expats has increased by 6.1% from the month before, this is the fourth month on the run. In addition to the month on month increases lending this year has increased 15.6% overall. Experts believe these strong figures are down to a […]
Yacht crews living offshore are seeing their applications for an Expat mortgage complete faster. Approvals for house purchases in the UK by expats increased towards the end of 2022 and 2023 has followed the same pattern according to the latest figures from the Bank of England. The number of expat yacht crew loan approvals for […]
Yacht Crew Mortgage Advice. If you are from the UK and are a UK national but are living or working abroad as a yacht crew for a period of time then you may be able to get an expatriate mortgage. Expatriate mortgages are much like standard UK mortgages. There are some lenders who specialise in […]
Expat yacht crews are using broker services to their benefit. A recent survey of expat yacht crews found they are using an independent mortgage adviser when looking for an expat mortgage. Its survey of over 400 crews found that only 31% weren’t employing the services of an independent broker. There are plans to use the […]
This financial year has seen more new expat mortgage business being conducted than this time last year and applications are still rising as the year progresses. Mortgage rates are at last are levelling out fuelling the increase in business being done in all sectors of the mortgage market. Even with the recent base rate rise […]