Expats Show Interest in UK Property.
Overseas Buyers and Expats.
Overseas buyers and expats are sizing up the UK property market for potential bargains. Taking advantage of the weak pound and falling property prices, according to the latest figures released last week. A report found that searches for UK property by overseas buyers has grown steadily over the last 12 months. They now account for 7.1% of all activity on the portal in the first three months of this year. This compares to just 3.9% three years ago.
Investors Keen To Capitalise.
A recent report said some investors are keen to capitalise on softening prices. As well as weak pound, buyers are finding worthwhile discounts on a range of properties. Expats show interest in UK property in these present times and reap the rewards on offer.
Independent Broker For British Expats.
Expats are choosing independent broker assistance for mortgage advice. As such the number of expat mortgages coming through brokers has risen steeply over the last 2 years. This figure now stands at 82% from 68% last year.
There has been a steady increase in mortgages sold by independent brokers to expat buyers and re-mortgagers. As such the market remains very buoyant indeed especially the buy-to-let side.
Independent broker benefits
Full range of mortgage choices.
Industry qualified independent advisers.
UK based for easy communication.
Fully automated service.
If you would like help with your new or re-mortgage, please do make contact. One of our independent Expat mortgage advisers will be happy to help.