Re-mortgaging a property is something that many still talk about in hushed tones, associating it with being hard up, struggling to make ends meet. However, while this is sometimes the case, re-mortgaging is often a smart move for expat borrowers to save on monthly repayments. In fact The Financial Conduct Authority’s Mortgage Market Study found […]
The market so far has been largely unmoved by Brexit. Lenders have continued to drop interest rates across the board since last summer which indicates a lack of concern currently. There seems to still be a large appetite for banks to lend. The rates are very competitive and there are still plenty of high loan-to-value […]
Recent falls in expat mortgage interest rates plus the effect of a weak housing market in the UK look set to give expat house buyers a significant negotiating edge in the busy buying period when many expats return to the UK. The availability of lower expat mortgage rates, whilst at the same time, many regions […]
The Bank of England has voted 7-2 to hold the base rate at 0.75% in the first split interest rate decision since June 2018. MPC members Jonathan Haskel and Michael Saunders both voted to reduce the base rate to 0.5%. The industry was not surprised by the decision to hold the rates. Frances Haque, chief […]
If all the experts are correct then house prices will rise between 2% & 4% across the UK in 2020, but due to the Brexit situation these figures could vary drastically. However, if we look at history and all the ups and downs the UK has suffered over the years gone by one thing you […]
Expats using speExpatriates looking for a mortgage or re-mortgage on a property in the UK now have a wider choice of loans than years gone by, so it makes sense to select the best one to suit your needs. About five million UK nationals live overseas, and many are keen to hold on to a […]
If we put Brexit to one side for the moment, there are many expats originally from the UK looking to acquire property in their former homeland. The value of sterling has fallen since the 2016 referendum on the EU and even though it has made a short-term recovery, the real spending power of the euro and dollar […]
All the papers are have been full of doom and gloom stories in recent months heralding the death of buy-to-let and a falling housing market. However, as they say “you shouldn’t believe everything you read in the newspapers” – the UK housing market is still a really safe and lucrative place to invest your hard-earned […]
Prime Minister Boris Johnson insists Britain will leave the EU on 31 October, even if a deal has not been struck with the EU. However, Parliament has passed a law blocking the UK leaving the EU without a deal. Howard Archer, chief economic adviser to the EY Item group, warns that if the UK leaves […]
A new report just released clearly shows the majority of expats need to review their current mortgage deal. Figures show the majority of expats do not review their mortgages when a fixed rate or term deal expires. Good news is there are plenty of good deals still available to meet the majority of expat needs. […]
