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UK property beats pensions, says UK official study
Saving for retirement? UK property beats pensions, says UK official study Nearly 50% of non-retired UK adults believe that property is now the most profitable way of saving for retirement, compared to just over 20% who favoured employer pensions or around 7% who preferred personal pensions, according to the UK…
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Taxes for UK expat landlords might not be so hard after all
Non-resident UK landlord tax is usually due by January 31 for UK rental income Non resident UK landlord tax is a common area for misunderstanding, according to expat buy to let mortgage brokers, Offshoreonline.org. “We are regularly asked for general information by non residents on UK landlord taxes, as it…
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Why a sinking pound need not scupper your French property dream
Since the Brexit vote last year, sterling’s fall against the euro has been well documented Since the Brexit vote last year, sterling’s fall against the euro has been well documented – from around 1.30 euros to the pound just before the vote, to closer to 1.08 euros today, a drop…
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Is it time to add UK university fees to your expat mortgage?
With A level results just a few weeks away and news that from September, new student loans will be charged at a compound interest rate of 6.1% per annum (the formula is UK inflation, Retail Price Index, plus 3%) from the moment funds are drawn, many parents are now starting…
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Resurgent Spanish property market prompts new mortgage launches
Four years of rising property transaction volumes is signalling the start of a renewal in the Spanish property market, according to data released by BNP Paribas and UCI, its joint venture Spanish domestic lender. Total property transactions have now risen for four years in a row, from a low of…
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The new landscape for UK property investors – still good value
A new landscape for UK buy to let property investors As the Brexit trigger is pulled, the reaction of many expats to last year’s UK Brexit vote was to stay on the sidelines, avoid committing to any major new purchases and take the view they wanted to “see what would…
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New UK Buy To Let Rules Will Impact Expat Property Buyers – 2017
Key Facts For Expat Buyers in 2017: – New expat buy to lending affordability thresholds introduced from January 1st 2017 – But many expat buy to let projects will still pass the new tests New rules on UK buy to let lending introduced by the UK’s Prudential Regulation Authority, part…
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UK rent rises continue to outstrip inflation, expat buy to let remains popular
UK rents are continuing to rise at an above inflation rate, suggesting expat buy to let investing remains an attractive option Average rents paid by tenants across Great Britain rose by 2.4 per cent in the 12 months to July 2016, according to the Office for National Statistics. Rents grew…
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UK Stamp Duty hike not as harsh as first feared for expat property buyers
Expat property buyers will not always have to pay higher UK stamp duty, thinks expat mortgage broker The new UK Stamp Duty surcharge adding an extra 3% tax for many UK buy to let property investors, which took effect from 1 April 2016, might not be as harsh for typical…
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Do I qualify for expat or international mortgages?
Find out if you qualify for an expat or international mortgage If you are one of the four million plus UK nationals who have lived abroad for more than year, there is a good chance you will have found out how hard it is to qualify for UK expat or…
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Brexit need not harm the expat mortgage market, thinks Offshoreonline
With bookmakers Paddy Power offering odds of 3 to 1 this week that the vote to remain in the EU could be in the range of 45% to 50%, the odds look close. Should expats be worried? For those looking to take out an expat mortgage to buy a house…
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UK stamp duty changes, capital gains tax changes will impact expat buy to let investors, so start planning your checklist now
UK stamp duty changes for buy to lets from April 2016 With the new UK tax year less than two months away, expats need to get their housing and going abroad checklists in order and stay on top of the new UK property taxes announced in 2015. Top of the…
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Booming London property rents continue to attract expat buy to let landlords
Expat buy to let landlords profit from strong UK rental market A recent report by estate agents Martin and Co, who have 25 offices in the London area, suggests rentals in the capital are continuing to boom, with demand exceeding supply. The number of tenants registered for each property…
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New UK Stamp Duty Won’t Dent Appeal of Buy To Let Mortgages For Non UK Residents
As stock market volatility continues, expats might be well advised to stick with UK buy to lets… Expats invested in major stock markets such as the UK FTSE, the Dow Jones in the USA or in Europe, the Dax will have seen largely static average investment returns over the past…
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QE spells heaven for overseas property buyers in Europe
One week into the new European Central Bank’s $1 trillion quantitative easing programme and some of the effects are already visible. Whilst the dollar has stood firm, the euro has weakened significantly against both sterling and the US dollar. These changes will benefit international mortgage buyers of European property paid…
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Thinking about buying a house in 2015? For expats, the signs are good
Expats paid in US dollars and currencies linked to the US dollar are sitting pretty when it comes to planning their 2015 property purchases in the UK and Europe. Over the last 12 months, as the US economy has recovered and the Eurozone slumped, currencies have moved to reflect these…
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UK property prices on the up in 2015 good news for expat buyers
Expatriate and overseas buyers eyeing the UK property market will be encouraged by three of the latest forecasts for UK property prices in 2015 from property specialists Savills, Knight Frank and a poll of 20 experts carried out by Reuters. The average rate of growth for the UK is forecast…
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UK Stamp Duty changes – the winners and losers
Property commentators in the UK believe a majority of homes located in places such as the London commuter belt and some of its cheaper boroughs will be significant winners, following the changes to UK Stamp Duty Land Tax announced by the UK chancellor George Osborne in the 2014 Autumn Statement.…
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French expat euro mortgage rates fall again
Long term fixed rate euro mortgages to buy a new home or releasing equity have fallen again, reflecting the ultra-low level of Euribor, the European Central Bank reference rate. Fixed rate euro mortgage loans for periods of 15 years or more have dropped by 0.1% and are now available from…
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New house price index to make life easier for French euro mortgage house buyers
The French real estate market has traditionally been very high on the list of priorities for both UK residents and expatriates abroad wishing to invest in holiday or retirement homes. With French expat euro mortgages relatively easy to come by for the average foreign buyer, buying in France is a…
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