U.K. Residential Mortgages
The U.K., with London in particular, has been a popular destination for property investors, especially in Asia. Few cities offer multi-cultural experiences like London, with famous buildings like the Palace of Westminster, London Eye, Big Ben, and Trafalgar Square, as well as an incredible art, fashion, and food scene.
Our global High-Net-Worth clients, in particular, have consistently been attracted to London with extremely exclusive addresses in Mayfair, Knightsbridge, Belgravia, Holland Park, etc. These are the pinnacle of high-end home ownership in London and globally.
Given the global geo-political uncertainty and low Base Rate trend, there has been an unprecedented influx of demand from Asia, particularly Hong Kong. A March 2021 report by Hamptons International suggests that "1 in 10 London properties sold last year were snapped up by Hongkongers".
Furthermore, the direction the Bank of England is taking their base rates, we expect very attractive floating mortgage rates to continue.
Set up a call with our International Mortgage Specialist.