If there is one area of the mortgage market many expect to present a challenge then it is the expat buy-to-let, but its demise has been greatly exaggerated. This is a sector that has confounded many experts in terms of its continued strong performance.

It would seem expats find this area of investment still highly profitable, not only for the extra income it provides but the longer growth potential.

Yes, property prices in the UK may have stabilized of late but if you look at the history this is not unusual. Brexit undoubtably is having an effect on the property market and who knows what will happen, one thing is for sure property will always be in demand and that means good longer returns on an initial investment.

Another expat area we expect to remain strong is the first-time buyer market. Arguably, despite affordability issues, low rates mean there has not been a better time for expats to get on the housing ladder in the UK.

Traditionally the UK housing market always seems to outperform most of the other investment vehicles on offer in the UK. Investment returns from traditional savings accounts remain very poor and this is a major contributing factor to the property investment market.

There is a feeling within the industry it is only a matter of time before interest rates start to climb. This said if you are an expat considering buying property in the UK it may well be a very good time to start looking.  If you are an expat with a mortgage on a UK property this is a very good time to review it to make sure the deal you have best suits your needs.

Can we help?

If you are looking for a new or re-mortgage please do contact us and one of our fully qualified advisers will be happy to assist.

If there is one area of the mortgage market many expect to present a challenge then it is the expat buy-to-let, but its demise has been greatly exaggerated. This year alone has seen more new expat buy-to-let deals complete than at any time in the last 4 years. This is a sector that has confounded many experts in terms of its continued strong performance.

Another expat area that has remained strong is the first-time buyer market.. Arguably, despite affordability issues, low rates mean there has not been a better time for expats to get on the housing ladder in the UK. Traditionally the UK housing market always seems to outperform most of the other investment vehicles on offer in the UK. Even with the Brexit negotiations experts are still saying the UK property market will continue to offer value in the longer term.

There is a feeling within the industry it is only a matter of time before interest rates start to climb. This said if you are an expat considering buying property in the UK it may well be a very good time to start looking.  If you are an expat with a mortgage on a UK property this is a very good time to review it to make sure the deal you have best suits your needs.

Mortgage choices

Expats have a selection of both new and re-mortgage products to choose from. Interest rates remain at present reasonable especially compared to a few years ago. Deals including tracker and fixed are readily available from a number of lenders.

Can we help?

If you are looking for a new or re-mortgage please do contact us and one of our fully qualified advisers will be happy to assist.

Expats who currently own property in the UK are without doubt seeing a very good return on their investment. House prices increased again last month but it has to be said this growth is slowing month on month at present. UK property historically has always been a sound and solid long-term investment and if the experts are correct it will remain so for the foreseeable future.

Property prices were up 3.7% on last year which shows a very good return on investment. These figures are general across the country, but London and the surrounding areas were showing slightly less return. It is predicted that the housing market will slow down as the year progresses. This slowdown could well be a “blessing in disguise” for first time buyers as houses are being priced out of their reach.

Housing demand in the UK remains high both from expats and residents and this fact alone should well protect prices in the long term.

Is it a good time to buy in the UK?

Well the simple answer to this is yes, if you have a good size deposit available history shows a property investment in the UK will always give good returns. It’s true many things are uncertain at present with the Brexit issue at the heart of all confusion, but the facts are clear the UK has an eternal shortage of property to meet demand.

Mortgage interest rates remain low and for that reason alone it could well be a very good time to get into this market if you are an expat. Expats for years now have seen property as a very good alternative to leaving cash stagnating in high street banks, especially recently. There are a good range of mortgages available to expats offering advantageous rates both fixed and tracker.

Like too know more?

Please feel free to contact one of our experienced advisers for any assistance you may require. We look forward to being of assistance to you.

Many of the 4 million plus expats have a strong desire to own their own property in the UK. Property prices seem to be rising all the time and its little wonder the majority of expats seek UK ownership. It’s true certain parts of the country are stagnating in terms of increasing but on the whole the UK market is as strong as ever. There is still a lack of housing which makes the buy to let market very attractive to expats who want a foothold in the UK and get a decent return on their capital.

Whatever reasons you may have for considering purchasing a property in the UK, the good news is that there are lenders who are more than willing to offer expats mortgages. Many providers don’t even advertise the fact.

Brokers

If you want an expat mortgage a good place to start is finding a broker who specialises in this area. Obtaining an expat mortgage can be very time consuming especially as you are likely to be resident abroad. An independent broker will have all options open to you on hand and will be able to act efficiently on your behalf.

Lenders

The expat mortgage market is very complex and not all lenders offer this product in their portfolio. Independent brokers will have full access to all products available and be able to advise the most suitable for your needs.

What you will need to apply

• Contact details (email address etc)
• Property purchase details
• Deposit available
• Certified proof of address
• Certified ID (Passport)
• Bank statements (Normally 3/6 months)
• Wage slips (Normally 3/6 months)
• Certified accounts if self-employed, number of months vary from lender to lender

These requirements vary from lender to lender and the above is just to give you a guide to help speed up the process.

Help required

If you are looking for an expat new or re-mortgage please do make contact and one of our advisers will be happy to help.

Since the end of last year the expat mortgage market has seen much more activity in both new and re-mortgage applications.

The UK property market continues on an upward spiral albeit slower than years gone by and still offers potential longer-term growth and security. Expats are always keen to secure property in the UK and this year is no exception as applications for new mortgages are at an all-time high. Most experts believe these high activity levels will remain until the Brexit deal is finalised, with all the uncertainty expats want a UK foothold.

Confidence in the UK market has grown again since the turn of the year due to interest rates still being held after the threat of increases.

What does the future hold in store?

This is a very difficult market to predict in the long term, but if the past is anything to go by then UK property will hold its own and increase in value. Whatever happens with the Brexit deal property values are more than likely to remain strong. There are several factors that control prices, the main ones are listed below:

• Supply and demand currently supply only meets 47% of the demand.
• Mortgage interest rates are low and affordable.
• UK economic growth is currently strong, and the outlook is stable.

So looking at the key factors the housing market looks in good shape for the future. Of course situations can change very quickly, not to mention Brexit, but on the whole the UK property market looks to be in a very healthy state especially if the supply does not increase.

Mortgage help?

Should you require any assistance with your new or re-mortgage please do call one of our fully qualified consultants and we will be happy to assist.