Expats ask what will 2022 bring?

 

That’s the question on everyone’s lips at the moment. Reflecting on all that happened in 2021, it most certainly wasn’t the year we thought it would be.

 

Yes, some things seemed to move towards “normal” again, however with the recent rise of COVID cases, as a result of the new Omicron variant, it has proved once again that we don’t know what is waiting around the corner.

 

The specialist lending market has also experienced a great amount of uncertainty over the past year, however one area which has experienced sustained growth over the last 12 months is the high demand for Expat mortgages.

 

The increased demand for this particular product type, will undoubtedly continue into 2022, as the number of investors looking for projects where they can add value and see a quick return continues to grow.

 

With both homebuyers and renters seeking ‘turnkey’ properties that are designed for modern living, there is an opportunity to sell or rent these properties at a premium price.

 

With many investors and developers looking for opportunities to make a larger return on their investment, renovating a property can achieve this by adding significant value to a dwelling.

This is especially true at a time where well-maintained properties, designed to fit the work from home trend, are being snapped up, sometimes within hours of coming to the market.

 

Therefore, looking ahead, we can only see the demand for homes designed for this purpose and in turn finance options available to help achieve this, continue to grow.