Expat UK Mortgages help during Middle-East tensions … how?
Recent events in the middle east have demonstrated that everyday life can change almost overnight & without getting political… we hope everyone including our existing expat clients and their families remain safe and secure during this difficult period.
Having spoken to several clients just this week in the Gulf region, it’s clear that expat mortgages can play an important role in giving stability and flexibility during periods of regional uncertainty.
Here are top 3 things that Expat mortgages can help with:
- A stable asset in a secure UK property market
Rather than all your cash in a foreign currency in an overseas bank, owning a property in the UK can act as a ‘safe harbour’ alongside income earned abroad. Using an expat mortgage be it for a residential (own use) or a Buy to let (investment) property can diversify and grow your asset base within the protections of a stable UK property market.
- A Go-To relocation option
Political tensions in any part of the world may require expats to re-pat and therefore acting now to buy a property with an expat mortgage can allow you to:
- Secure property while earning overseas
- Potentially rent it out as a buy to let
- Move back to the property when able to do so
Speaking with a specialist expat mortgage broker can outline what may or may not be possible relating to lenders criteria.
- A reliable wealth building strategy
All assets can rise or fall with economic or geo political instability, however over the long term UK property has proven to be a reliable wealth building asset, and even if property values haven’t risen significantly, obtaining mortgage debt on property can help accelerate further property acquisitions and subsequent yields from buy to let rental income.
As an expat you may be unsure what might be possible or what your next move should be and we are on hand to help explore the options available to you.
Market Updates
- 40% of homes on the market are now cheaper to buy than to rent… among some other interesting facts! read the article here.
- Is now the BEST time ever to invest… a bold claim, lets dig into this one ever deeper. listen to the the episode here.
- 90% borrowing for Expat mortgages – this makes property ownership closer than ever for exapt clients out there. book a call to discuss further.
- MTD – Making Tax Digital – becomes a reality from April 26. Get prepared now with this podcast
Next Steps…
Book a Free Discovery call here & if your not sure what a discovery call is all about Ive made a series of videos on what to expect here.
A Great way to get frequent updates, hints & tips and insider industry knowledge of the complex / expat mortgage market is to join our YouTube channel here.
Our Quick 60sec Quote page allows you to obtain the latest rates to be expected and you can request a specific quote by sending an email to info@mymotgagedeal.co.uk