Liquid Expat Mortgages Says Longer Term Fixed-Rate Re-Mortgages "Wise Move" for British Expats Who Can Move Quickly
Summary
Manchester, United Kingdom, February 02, 2011 --( This can make it uneconomic to rent out the property in question if it means that the mortgage repayments become greater than the rental income being received.Liquid’s Business Development Director, Stuart Marshall, takes up the story: “Liquid has received a great deal of anecdotal and actual evidence that a number of lenders are tightening the screw on expats with UK mortgages.5 Year Fixed rates Re-mortgages from just 4.05% currently available “But looking on the bright side, some of the more enlightened lenders whose products Liquid is able to access are introducing expat UK mortgages which are more than competitive.If it does, it will mean that people would find that higher UK mortgage rates will mean they’re spending more of their disposable income on debt interest than they have in 20 years.Another member of the Bank of England’s Monetary Policy Committee, Andrew Sentance, was quoted in the Daily Telegraph on 27th November 2010 as saying the reason for any possible base rate rise could be concern about inflation rate.But even though it may all seem like doom and gloom, there is a ray of hope and it is being provided by www.liquidexpatmortgages.com- the world’s leading service provider of expat mortgages for UK property.Liquid’s Business Development Director, Stuart Marshall, takes up the story:“Liquid has received a great deal of anecdotal and actual evidence that a number of lenders are tightening the screw on expats with UK mortgages.The economic outlook can only mean that the situation is set to get worse.5 Year Fixed rates Re-mortgages from just 4.05% currently available“But looking on the bright side, some of the more enlightened lenders whose products Liquid is able to access are introducing expat UK mortgages which are more than competitive.