Marsden Building Society reports an 80% increase in expat residential enquiries last month

23 August 2018

Marsden Building Society recently reported that their expat residential enquiries have increased by 80% in the last month and demand is at a high for 2018. With reports suggesting that the expat market is in growth, this seems to be a market that may continue to demand a home for their mortgage. 

Steve Robinson, Head of Lending at Marsden Building Society said, “We’ve seen a real step up in engagement from the expat market of late, we’re finding that there seems to be a real appetite around our expat lending solutions.”

“Our Expat Residential, or Family Occupation range as some may call it offers those working outside of the UK an opportunity to buy a property as a base when they return to the UK or so their family may reside in it. Pleasingly, there’s a growing demand in the market and with it an increased level of product innovation for lenders too giving intermediaries and their expat clients more choice when it comes to selecting their mortgage.” 

“We’ve recently made some changes ourselves introducing Qatari Riyal as an acceptable currency, simplifying our product range and giving full access to the intermediary market all of which is our ongoing commitment to the market to offer more options.”