Zoopla, the online property portal, has reported UK houses are selling for as much as £25,000 under asking amid the “best” buyers’ market for years as November draws to a close. The number of homes being put up for sale is at a six-year high, while sellers are accepting an…

Offshoreonline, a leading online mortgage advisor for expatriates, has observed a significant upswing in expat mortgage enquiries, attributing this to the Bank of England’s decision to hold the UK Base Rate steady in November. At the same time, a straw poll of estate agents conducted by the expat online mortgage…

The Bank of England has announced that the UK Base rate will remain unchanged at 5.25% for the second time in November. This decision aligns with the recent policies of the Federal Reserve and the European Central Bank, both of which have also maintained their rates this month. With such…

The August report on UK property market activity published by the Royal Institute of Chartered Surveyors (RICS) is suggesting continuing weaker UK house sales data, as  high mortgage rates deter buyers, whilst at the same time, rental prices surge, as tenants enter bidding wars for the few properties available to…

The current market conditions present a golden opportunity for US dollar earners and US residents to consider purchasing properties in Europe, thinks online mortgage broker Offshoreonline. With the US dollar now 10% stronger against the Euro compared to two years ago, prospective buyers can enjoy an effective 10% reduction in…

The successive and rapid series of UK Base Rate rises implemented by the Bank of England  are starting to take effect on the UK economy, cooling the labour market and easing inflationary pressures, according to the Bank of England’s chief economist, Huw Pill, commenting after the last UK Base Rate…

With UK Base Rate currently at 5% (July 2023) and house prices apparently falling in the UK, is now a good time to invest in a buy to let UK mortgage, if you are an expat? First the facts – house prices are falling, if only relatively, but it also…

(Source: Rightmove.co.uk) During the pandemic, lots of home movers looking to coastal towns and countryside villages, in search of more green spaces and a slower paced lifestyle. But recently, this trend has reversed and property portal Rightmove has seen a big shift in home-movers looking to return to cities. If…

US resident buyers of property in France now have easier access to French euro mortgages that UK residents. It’s hard to imagine that just a few years ago, BNP, a French bank, used to regularly report that UK buyers were one of the largest groups of overseas buyers of property…

The Royal Institution of Chartered Surveyors (RICS), whose members carry out property surveys and valuations for mortgage banks and building societies, are reporting fewer house price falls in March, with an expectation that prices may start to rise in the next 12 months. RICS surveys are an important forward looking…