expat network
Mortgage Payments

Beware The Mortgage Payment Holiday For Buy To Let

With the current Covid crisis many banks are offering mortgage payment holidays in accordance with UK government policy.  However, the consequences for buy to let investors need to be considered to ensure it does not impact your credit for future investments. As England moves into its latest full lockdown and banks once again offer...

lockdown

Moving Countries Post-Lockdown: What You Need to Know

Every year, thousands of Brits move abroad to seek a better life, better opportunities or simply to experience new cultures. In fact, it’s estimated that between 1 and 2.2 million currently live in the EU, and many hundreds of thousands live further afield in countries like Australia, Canada and New Zealand. Written exclusively for Expat...

long term

Expats Can Struggle To Find Their Feet But Most Stay For The Long Term

A recent international study on the global professional workforce carried out by Expat Explorers founded by Helen McClure looks at how long it takes people to settle into expat life and how long they live as expats. The results have formed the basis of her book, Do they eat soup in England?  Although it takes...

property market

UK Property Market Held Back By Brexit

The UK property market is being held back by the uncertainties over Brexit with London and the South East particularly impacted, but what is the picture around the country and what are the prospects going forward. The latest report from Nationwide shows that UK property market remains subdued with the political turmoil and uncertainties...

studio apartment

Skipton Extends Expat Lending To Include Studio Apartments

Skipton International, who provide buy-to-let mortgages for British expats in England, Wales and Scotland, has responded to the increasing demand for all types of investment buy-to-let property, by extending the terms of its mortgage proposition to include studio apartments valued at £250,000 and above. Broadening the scope of its lending criteria will offer Skipton’s customers...

One Year Until Brexit: What Do We Know About Expat Rights?

Brexit day is set for 29th March 2019 and so with a year to go, what do we know about Brexit?  The focus currently is on transition, which is important, but the post transition arrangements will be what counts in the long term. The joint statement on 19th March agreed that the transitional period will...

brexit

Quarter Of Young Brits More Likely To Emigrate Due To Brexit

New research reveals 15% of Brits are more likely to consider moving abroad for work since the Brexit vote and that the figure is almost double for 16–24-year olds (27%). A survey commissioned by moneycorp reports that young people aged 16–24 are nearly twice as likely to consider moving abroad due to Brexit. Just over...

New Mortgage Range For British Expats

Offshore bank Skipton International has launched a new range of mortgages for British expats. The Guernsey-based bank is offering two new fixed rates For borrowers looking for a remortgage of £300,000 or more, the rate is fixed at 3.99% for five years. Smaller loans between £100,000 and £300,000 come with the higher rate of 4.49%...

1.6 Million Britons Go Expat In A Decade

Since 2006, emigration from Britain is estimated to have reached 1.65 million. But the number of Britons moving abroad has slowed down over the past decade. Between 2006 and 2011, the number of Britons leaving the country averaged 162,667 a year, according to latest research from Lloyds Private Banking. Since 2012, this average has dropped...

Choosing A School When Expats Return To UK

When moving to a new expat posting, often the best-known expat school is the obvious choice for your child. Even when there are wider options, often these are restricted by where there are places, or where a company may have a fast-track debenture. By Fiona Hodgkins Perhaps the most complex and challenging school choice of...

military pension

Brexit’s Impact On Job Search

Freedom of movement, long-enshrined as a key pillar of the EU, will soon be a thing of the past for UK citizens following the Brexit vote. But what, if anything, will replace it? And how will the referendum result affect the three million EU citizens who currently live and work in the UK? Businesses and...

The Brexit Effect On Currencies

On Friday 24 June the UK woke up to the news that the country had voted to leave the European Union by a majority of almost four percentage points. After seemingly buying into the belief that the Remain camp would ultimately emerge victorious, currency markets, particularly the pound, quickly reversed course as the tide of...