UK Expat Buy to Let Mortgage

UK Expat Buy To Let Mortgage.

Expats mortgage completions rising rapidly.

The last few months have seen a large level of expat buy-to-let mortgage approvals as landlords look to increase their portfolios.

The reasons are numerous, expats are very encouraged by the demand for rental property plus rents are increasing annually.

Home ownership in the UK has fallen to its lowest level for over 15 years which may well shock some people. When you look at the overall cost of buying a property in the UK perhaps it is not quite so surprising!

Brits living in countries where the currency is pegged to the USA’s, such as Hong Kong have been attracted to investing in property back in their home country.

What is happening is investors, including expats, are still buying-to-let in Britain. As such you may be searching UK Expat Buy To Let Mortgage. But perhaps focusing on lower loan-to-values and using larger deposits. Furthermore to take the various changes into account, as well as adapting their portfolios and business models to maintain their profitability. For example, by looking at up-and-coming areas across the UK instead of the more traditional rental hotspots like London.

Expat buy-to-let mortgages.

It is always recommended to be very selective before deciding on what mortgage best suits your needs. With the deals on offer it always pays to look at all the options. As an example a long-fixed rate deal may be very prudent with the fear of more interest rate rise looming.

An independent broker is recommended, and they will point you in the right direction plus save you time and money.

Need some help?

If you need assistance when choosing your next mortgage call or make contact with one of our experienced independent advisers. We will be pleased to assist.