Demand For UK Mortgage Products on the International Stage
Overseas investors arranging UK mortgage loans to buy UK property assets has noticeably increased…
WHY?
Put simply, many lenders have made it easier for international investors to obtain finance.
> Higher Loan To Value ratios, for example, suggest that purchasers may now need smaller down payments.
> As a result, properties in places like London and South-East England become more appealing as investment opportunities.
> There have been some revisions to the requirements for borrowers with more sophisticated financial circumstances.
> As well as shortening the amount of time that income must be verified.
So with interest rates at all-time lows and inflation on the rise, UK property remains a huge draw…