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As we reach the halfway point in 2023, Stuart Marshall, CEO of Liquid Expat Mortgages takes a look at where a turbulent year in the UK expat and foreign national mortgage market has led us. Interest Rates Still Rising. Despite multiple increases in the base rate, the Bank of England has increased interest rates again…
18
Jul
Jul
What’s Happening to Mortgage Rates? Mortgage rates are on the rise again, with the Bank of England continuing to increase interest rates to combat high inflation. The Bank of England’s base interest rate is now at 5%. The future outlook does not look to bright either, with analysts now predicting that interest rates will peak…
20
Jun
Jun
Environmental Considerations are Here to Stay. There has been a lot of talk about the energy efficiency of properties in the UK expat and foreign national mortgage market in recent times. This is largely in response to the incoming legislation around EPC ratings for UK rental properties, making it vital for current and would-be investors…
20
Jun
Jun
A great way to combat rising mortgage rates is for UK expat and foreign national investors to make overpayments on their mortgage. In the last three months of 2022, UK homeowners made record overpayments on their mortgages – £6.7 billion. This is likely as a result of homeowners’ fears about rising mortgage rates.
15
May
May
Some Background – Collapsing Banks. ‘At Liquid Expat Mortgages, our team have spent a lot of time talking about the pros and cons of UK property investment compared to other forms of investment or savings recently’ says Stuart Marshall, CEO of Liquid Expat Mortgages. ‘This was prompted by the collapse of the Silicon Valley Bank…
02
May
May
With older buy-to-let investors retiring, the buoyant rental market and availability of mortgage products, there are many opportunities for a new generation of UK expat and foreign national investors. Older Investors Retiring. Many early buy-to-let investors are starting to retire and sell their properties. According to research from Hamptons International, around 140,000 landlords retired in…
27
Apr
Apr
Because of a number of current factors in the market, there are an incredible amount of buy-to-let opportunities for UK expat and foreign national investors utilising UK expat and foreign national mortgage products. Domestic Buyers Still Struggling. The Spring Budget focused on stimulating the economy and jobs but had little to say about the housing…
17
Apr
Apr
Recent data shows that less affluent areas are driving rental growth in the UK property market and are likely to continue on this profitable trajectory. Understanding why will be important for UK expat and foreign national investors looking to make an informed investment decision. Huge Rise in the Number of Rental Households. With fewer young…
20
Mar
Mar
Rents Reach Their Highest Level in a Decade. Rents are at their highest level in a decade, having increased by an average of £120 or 11.5% in 2022 alone. This is mainly driven by new lets, although even those staying in their current rental property are seeing an average rent increase of 4.2%. There are…
06
Mar
Mar
What Renters Want in 2023 – Flats and the City Centre Coming Out on Top. According to property portal, Zoopla, consumers are looking for apartments in 2023. This is particularly true of city-centre apartments or apartments with a close proximity to big cities. In their report, Zoopla note that there has been a 5% increase…