Due to the regulation of lending practices introduced to prevent a crash similar to 2008, banks are now restricted on their lending. Many expats, when looking to secure a mortgage on a UK property, are intimidated by this regulation. Especially when coupled with the added difficulties of buying from abroad. Every country will throw up…
What to consider when buying a property as an investment. Investing in property should be thought of as a business venture. The results of property investment aren’t immediate but that doesn’t mean that investment should be viewed differently than a business. Property can’t be purchased and left to yield profit on its own. This approach…
The simple answer to this common question asked by British Expats is “No.” It is not essential to have UK credit history in order to raise a UK mortgage. This guide offers some insight into how lenders look at mortgages for expats and three quick tips on how a UK expat can create and improve…
Discover the best tips we have gleaned from Expats on building a property portfolio. As global interest rates continue to stagnate, property is a sound way to build a secure, profitable investment portfolio that will lay the foundations for your future. However, many expats and foreign nationals are deterred from property investment, due to risk…
The UK is renowned for its stockpile of property available to overseas landlords. The capital and North West region, in particular, still attracts more foreign investment than many other cities around the world. If you are tempted to become a first-time buyer for investment property, it’s best to get in with both eyes open to…
Buying to let can be incredibly profitable, whether it is your sole revenue stream or if it acts as an additional source of income alongside your day job. However, there are ways in which these profits can be maximised further. One such method comes in the form of limited company buy-to-let. Although this may…
Few companies have matched the success of Airbnb in the last decade. The service, which enables anyone to market their property as a lettings space, recently reported that their hosts earn an average of £3,000 a year – a staggering number when you take into consideration that they typically let their rooms or entire homes…
If you’ve never considered entering the lucrative property market as an expat before, you’re likely to have numerous questions. GoSimpleTax have already detailed the rules around declaring tax effectively for landlords, but it’s also imperative to have comprehensive knowledge on the mortgage aspect. Specialist mortgage brokers, Liquid Expat Mortgages, are here to guide you…
Expats are right to think carefully about their British property investments. It’s fair to want to know how cash can be reined in for current or future buy-to-let properties. Thankfully there are routes for investors to pursue, each of which can help ease financial pressures on your portfolio. These are the most prominent cost-saving tricks…
Lenders like to tempt property investors with a fixed rate mortgage deal. Whilst you may save money in the opening years of a contract, it is common for the deal to change to what is known as an SVR (Standard Variable Rate) mortgage after a certain period of time. Understanding what an SVR mortgage entails,…