 Overseas
mortgages and foreign property mortgages
If you are considering buying a property
abroad then make sure you seek the right
mortgage advice from an experienced overseas
mortgage adviser. Overseas properties can now
easily be purchased and funded with an overseas
mortgage as the market is very established.
Take care to ask whether your mortgage adviser
has experience of overseas mortgages before you
complete any forms. The availability and terms
of overseas property mortgages are different to
the UK so do some homework beforehand.
One option to assist with the financial side of
buying an overseas property is to use the
available equity in a UK property. This money
can be raised by using a further advance,
remortgage or secured personal loan. The extra
funds can then be used towards the overseas
property purchase with the foreign mortgage
providing the balance.
For more information on overseas mortgages
please call us on 0800 840 3111
Mortgages secured on a non-UK property are not
regulated by the FSA
Changes in the exchange rate may increase the
sterling equivalent of your debt
|
