Guaranteed Rent Insurance | Expats capitalise on weak pound to buy UK homes
http://bit.ly/XDR1Bb
Guaranteed Rent Insurance | Expats capitalise on weak pound to buy UK homes We seek properties all over England for our guaranteed rent scheme. All properties must be clean, in a good state of repair, fit for human habitation and safe. If they are not we may be able to help you anyway so it is worth giving us a call. Brits overseas are snapping up property at home as ailing sterling makes it a wise time to buy. British expats are taking advantage of a weak pound to buy properties back in the UK in readiness for their return. Guaranteed Rent Insurance Property agents have seen a rise in the number of Brits contacting them not just about prime central London properties but also those in the Home Counties. Nick Mead at The Buying Solution, part of Knight Frank property agents, said: "The weakening pound is not only benefiting overseas nationals looking to invest in the UK property market, but those Brits repatriating. We're seeing a number of buyers who work in finance and have been posted overseas for a few years returning to Britain and wanting to purchase a family home in the Home Counties.” Many emigrating Brits leave the UK as a couple, rent out their London flat while away, and then return with a young family in tow. Mead added: “They will have been remunerated in the local currency, and as such, benefit from sterling's weakness. At the same time, the increase in property prices in London means that when they return, they can also cash in on the strengthened London market by selling their property.” Such returning expats typically look to Home Counties favourites such as Kent, Buckinghamshire and Surrey to relocate their families near good schools. Guaranteed Rent Insurance International buyers are also spreading their wings away from upmarket and central London districts such as Kensington, Chelsea and Mayfair. However, these buyers tend to be looking for country mansions with land to add to a diversified property portfolio that might include a Swiss chalet and a central London penthouse. Guaranteed Rent Insurance Yolande Barnes, head of global research for Savills, said: ‘We have recently seen expats buying into the UK, even if they are not physically returning. They will tend to be buying older properties rather than new-build and outside of London as well as in the capital, so have a different buyer profile to foreign buyers.” For those not sure when they are returning to the UK, now could still be a good opportunity to buy. Barnes added: “If they let a UK property it will also be high-yielding, with growing rents – albeit sterling denominated, and worth banking in the UK as a nest-egg for when they return.” The pound has been in the doldrums, falling eight per cent against the US dollar this year, as the UK economy continues to stall. View the original article here Our rent guarantee scheme provides you with between 1 to 5 years worth of guaranteed rental income. What’s more, there’s no catch and no fees involved. Contact Guaranteed Rental today on 020 8694 8098 to find out more.
http://bit.ly/XDR1Bb
Guaranteed Rent Insurance | Expats capitalise on weak pound to buy UK homes We seek properties all over England for our guaranteed rent scheme. All properties must be clean, in a good state of repair, fit for human habitation and safe. If they are not we may be able to help you anyway so it is worth giving us a call. Brits overseas are snapping up property at home as ailing sterling makes it a wise time to buy. British expats are taking advantage of a weak pound to buy properties back in the UK in readiness for their return. Guaranteed Rent Insurance Property agents have seen a rise in the number of Brits contacting them not just about prime central London properties but also those in the Home Counties. Nick Mead at The Buying Solution, part of Knight Frank property agents, said: "The weakening pound is not only benefiting overseas nationals looking to invest in the UK property market, but those Brits repatriating. We're seeing a number of buyers who work in finance and have been posted overseas for a few years returning to Britain and wanting to purchase a family home in the Home Counties.” Many emigrating Brits leave the UK as a couple, rent out their London flat while away, and then return with a young family in tow. Mead added: “They will have been remunerated in the local currency, and as such, benefit from sterling's weakness. At the same time, the increase in property prices in London means that when they return, they can also cash in on the strengthened London market by selling their property.” Such returning expats typically look to Home Counties favourites such as Kent, Buckinghamshire and Surrey to relocate their families near good schools. Guaranteed Rent Insurance International buyers are also spreading their wings away from upmarket and central London districts such as Kensington, Chelsea and Mayfair. However, these buyers tend to be looking for country mansions with land to add to a diversified property portfolio that might include a Swiss chalet and a central London penthouse. Guaranteed Rent Insurance Yolande Barnes, head of global research for Savills, said: ‘We have recently seen expats buying into the UK, even if they are not physically returning. They will tend to be buying older properties rather than new-build and outside of London as well as in the capital, so have a different buyer profile to foreign buyers.” For those not sure when they are returning to the UK, now could still be a good opportunity to buy. Barnes added: “If they let a UK property it will also be high-yielding, with growing rents – albeit sterling denominated, and worth banking in the UK as a nest-egg for when they return.” The pound has been in the doldrums, falling eight per cent against the US dollar this year, as the UK economy continues to stall. View the original article here Our rent guarantee scheme provides you with between 1 to 5 years worth of guaranteed rental income. What’s more, there’s no catch and no fees involved. Contact Guaranteed Rental today on 020 8694 8098 to find out more.
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