As we enter a new financial year, many are reassessing their finances and long-term plans, with property often high on the agenda.
This rejuvenated focus is filtering through to more properties coming to market and subsequently improving the choice available.
This simmering market may provide ideal opportunities for yacht crew looking to buy a property, whether it be a residential property to live in when back in the UK or a Buy to Let investment property to rent out.
However, with improved availability comes increased demand, and as such having a ‘finger on the pulse’ is critical to identifying potential opportunities. Not only are using online tools and selling websites important to keep an eye on properties
coming to market, being prepared and well positioned to react quickly should something of interest hit the sales boards is the key to success.
Yacht crew can encounter some complexities when needing a mortgage to buy a property in the UK, and as such they are encouraged to engage with a mortgage adviser at an early stage in the purchase journey, well in advance of the time a mortgage is actually needed.
A mortgage adviser can answer any questions yacht crew may have, provide advice and guidance regarding the different types of mortgages and share some hints and tips on how best to prepare.
Crew FO have partnered with an experienced mortgage broker and their advisers fully understand the challenges that can be faced by yacht crew needing a mortgage in the UK. The advisers can discuss your personal situation and your future plans with you at no obligation, to help you prepare in the best possible way.