.gif)
It is still early days yet in the tenure of the UK’s new government but there is an ever-increasing optimism that the UK property market will ‘open up’ in the coming months. CrewFO is here to tell you that this could result in a higher level of property stock and with it more opportunities for yacht crew to take their first step onto the property ladder or maybe increase the size of their existing property portfolio!
What’s Going To Happen?
Alongside this optimism is the hope and expectation of lower interest rates, which will be driven by mortgage lender appetite, the long-awaited reductions to the Bank of England Base Rate and the pricing of ‘swap rates’.
As ever, consumer confidence will play a large part in how quickly the property market opens up and how quickly the level of available housing stock for sale increases.
Where To Go From Here, If You’re Thinking Of Buying Property In The UK
It is for all these reasons, and more, that seeking early advice and guidance regarding property and mortgages is recommended to yacht crew who are thinking of a purchase in the near future.
Crew FO have been partnered with a mortgage broker for many years and their advisers fully understand the challenges faced by yacht crew when it comes to buying a property in the UK and getting a mortgage.
However, because of their vast experience and knowledge about yacht crew, seafarer mortgages and being paid in a currency other than sterling, their success rate is very high.
Getting advice and guidance from the mortgage broker at an early stage can prove to be a huge advantage when it eventually becomes time to buy a property as they can advise regarding the important aspects and considerations of buying property in the UK and getting a mortgage.
CrewFO is here for Superyacht Crew when it comes to finance. For more information about investment opportunities, visit at: https://www.crewfo.com/
To keep up to date with the latest Superyacht Content News, click here.
Sign up to our Newsletter below:
Newsletter Signup
