Buy-to-let mortgages in the UK may be on the downturn, but those interested in overseas property might be interested to note that there are still a significant number of Caribbean properties still available under buy-to-let mortgage.
International brokerage firm Caribbean Land and Property Financial Services (CLPFS) recently released mortgages on properties in 19 Caribbean countries. Not just Caribbean nationals but resident expats and foreign buyers can also take benefit of these mortgages for investing in Caribbean properties.
Faced with increasing tax bills and harder to find buy-to-let mortgages, this should come as good news for UK investors interested in buy-to-let property overseas. CLPFS has partnered with several UK banks and mortgage providers to offer the facility in Anguilla, Aruba, Bahamas, Barbados, Barbuda, Belize, Bonaire, British Virgin Islands, Cayman Islands, Curacao, Dominican Republic, Grenada, Jamaica, St. Lucia, St. Kitts & Nevis, St. Maarten, St. Vincent, Turks & Caicos and Tobago.
Considering the booming tourist market of the Caribbean, discerning investors who take up this opportunity could stand to earn significant returns on their investments in addition to paying-off the mortgage from the rental income.
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