Who Needs An Expat Mortgage?
Britons abroad must seek mortgages from lenders serving expats. Many invest in UK buy-to-let properties, aiming for retirement income or a future home.
Expats often earn higher salaries overseas with lower living costs, giving them more disposable income to invest.
Value for money
The UK property market continues to be an area of interest for investors. Over the past decade, individuals who have owned property in well-regarded areas of the UK have experienced increases in their property values.
Historically, the UK property market has been regarded as having long-term investment potential.
Expats still looking at buy-to-lets for income and stability
A recent report has indicated an increase in enquiries from expatriates regarding buy-to-let properties in the UK.
According to financial intermediaries, 70% of respondents noted a rise in enquiries from British expats seeking buy-to-let mortgages for UK property.
The report suggests that this trend may be related to the relative strength of foreign currencies against the pound, which has influenced investment decisions.
More expats choosing independent broker assistance than ever before!
Expat mortgages arranged by independent brokers have surged in the past two years, with steady growth seen among expat buyers and those remortgaging as market conditions stay strong.
Why pick an independent broker?
- Wide mortgage options
- Qualified advisers
- UK-based support
- Automated process
- Quick completion
Mortgage advice?
If you need assistance with a mortgage including re-mortgage, then call our expert independent advisers who are waiting to help.
