More expats in Australia are investing in UK buy-to-let property


Australia is a top destination for Brits who choose to move overseas, but a recent spike in the number of expats buying investment properties back in the UK suggests many want to keep their options open back in their home country.

Over the past 12 months, the number of British citizens living in Australia who are looking to invest in the buy-to-let market back in the UK has risen by 29%, according to Cherry Mortgage and Finance.

While some want to give themselves a bolthole for if they ever decide to return to the UK, many will be looking at property as an investment for the future and a way of providing a monthly rental income. With parts of Australia now some of the most expensive places to buy property in the world, it’s no surprise that many consider themselves priced out of the market and see the UK as a safer place for their money.

In Sydney, which was recently named the second least affordable housing market in the world after Hong Kong, house prices are 13 times higher than the average income.

Buy-to-let mortgages for expats

However, mortgages can be difficult to obtain from overseas, even for British nationals, as there is a perception that they are higher risk. According to Money Expert, demand for buy-to-let mortgages from overseas has grown recently as more people want to capitalise on the UK’s booming market. Lenders will often require higher deposits to offset the risk, or offer higher interest rates, as well as require a more detailed credit rating.

Matthew Fleming-Duffy, managing director of Cherry Mortgage and Finance said: “If you are looking to purchase an investment property and have a 30% deposit, earn over £45,000 sterling equivalent, work for a multi-national corporate, have an existing UK mortgage and are looking to purchase ‘vanilla’ properties, then you are in luck as you will have options.

“If your income is lower, or if you are self-employed, or if you are looking to purchase more unusual properties, then you may find that the product options being offered to you are expensive and your potential purchase becomes unfeasible, or indeed that you cannot even borrow.”

However, products are available from certain lenders if investors are willing to shop around.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free


More expats in Australia are investing in UK buy-to-let property


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.