Most Expat Buy-To-Let Loans In South East UK
A majority of UK expat buy-to-let mortgages are concentrated in greater London and the South East, according to new figures. Figures from lender Skipton International show up to 40% of expat mortgage customers are investing in buy-to-let property in Greater London, with another 25% in the South East of England. Just 10% of British expats...
Time For British Expats To Buy Property Back Home?
With the pound trading at an historic low against the world’s major currencies, now may be a good time for British expats to consider investing in property back home, according to property investment firm Benoit Properties International. With a significant shortage of supply in the UK property market, prices and rents are rising steadily, say...
Big Spend By Foreign Buyers Of Dubai Property
As a collection of seven separate emirates, there are some differences between emirates in the rules and procedures for buying property in the UAE. Here we are focussing on Dubai, where buyers from India, the UK and Pakistan make up the three largest overseas contingents. The market is certainly buoyant. Transaction reports from the Dubai...
Britons Still Favour French Property
UK buyers are the most important group of non-resident investors in France, accounting for 34 per cent of all transactions in 2015, up 44 per cent on 2014. The figures come from a survey by the Notaires de France, BNP and Rightmove, the UK property portal. The combined effects of sterling strength and euro weakness...
Expat Rents Stable, Falling In Oil States
The subdued global economic growth of the past year has had a significant impact on rental rates around the world. The majority of locations have witnessed very static rental trends, with minimal movements in the last year. But there are regional variations. Low inflation has helped to keep wage rises down, which has had an...
Beware The UK Stamp Duty Hike
From 1 April 2016, the UK taxman introduced a new higher rate of stamp duty which applies to the acquisition of a ‘major interest’ in an additional residential ‘dwelling’. So beware if you are buying property in the UK. A ‘major interest’ is defined as a freehold or leasehold interest, says Adam Thompson, tax manager...
Buy-To-Let Mortgage Calculator For Expats
Guernsey-based offshore bank Skipton International has launched a mortgage calculator to help British expats in their property investment planning. The new expat mortgage illustration allows those considering a UK buy-to-let investment to enter the value of the property and its expected rental income. They will then be shown the maximum loan potentially available, and the...
World’s Best Places For Retirement Property
International Living magazine’s Annual Global Retirement Index has identified the most-affordable places to buy or rent property abroad in retirement Ecuador was found to be the best in this category. In the colonial city of Cuenca, you can rent a two-bedroom apartment for $500 or less, while the same property in the popular mountain town...