Can I Get An ExPat Mortgage ?
The expat buy-to-let market continues to grow annually
More and more expat investors are considering entering this market for various reasons. What can a buy-to-let investment offer you?
- Interest only mortgages
- Good potential returns on capital invested.
- Tax efficiency
- Attractive mortgage interest rates
Exchange rates
Although changes in exchange rates can occasionally benefit investors, many expatriates find that they earn higher salaries overseas than they would in the UK. With a lower cost of living, they have greater disposable income and are interested in investing in UK property.
Aside from investors enquiries from individuals looking to buy properties for their families to live in – frequently where children are involved, and the preference is for them to be schooled in the UK.
Selecting a mortgage to suit your needs
Obtaining an expat mortgage can be straightforward, especially if you seek assistance from experienced professionals. Working with a specialist expat broker can be highly advantageous, as they have expertise in handling this type of mortgage.
Expat mortgages
The range available includes fixed, tracker and standard deals with good, discounted periods. We would always recommend discussing your needs with an expert independent adviser who has all the up-to-date deals available.
This course of action can indeed save you thousands of pounds in the long term. Interest rates remain competitive with some very good longer term fixed deals available.
Higher loan-to-value deals have recently become available, which may help expat first-time buyers. Discuss these options with your independent adviser.
Can we help?
If you are looking for an expat new or re-mortgage, please do make contact and one of our fully qualified independent advisers will be happy to assist.
