Expat Buy-to-Let

Expat buy-to-let.

The Expat mortgage market is stable and thriving.

The expat buy-to-let mortgage sector has been more resilient than the residential mortgage one during the past six months.

Despite initially pulling deals from the market, mortgage choice has been on a broadly upward trend since July 2023, while the small fall in average rates suggests the market remains competitive and lenders are keen to do business.

Limited company expat buy-to-let mortgages.

As this area of expat buy-to-lets mortgages grow so has the choices to the borrower. Mortgage providers have not been slow to increase the number of fixed and tracker deals. Also, the charges and interest rates have reduced as popularity has increased which goes to prove lenders are in fierce competition to secure new expat business.

Buy-to-let limited company mortgages.

The majority of the expat buy to let purchase transactions made through limited companies last year were related to additional property acquisitions, although the figures also include expats selling property they already own personally into a corporate structure.

All transfers of properties from individuals to limited companies must be treated as a new purchase, and therefore do not qualify as a re-mortgage.

Confidence in brokers increases at a fast rate!

Expat landlords will know only too well how difficult it is selecting the correct mortgage deal due to the complexity of an expat mortgage. The last 3 years has seen a massive shift towards expats using a professional independent broker to secure the correct mortgage for their needs. This trend is continuing into 202’ with broker related deals increasing year on year by 34.6%.

Can we help?

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