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Overseas mortgages
Overseas Mortgages
If you are considering purchasing a foreign property overseas then you will have also thought about how to finance it. Overseas properties can be purchased and funded with an overseas mortgage but specialist advice is required.
The availability and terms of overseas property mortgages are different to the UK so do some homework before you buy your new holiday home or overseas property or villa.
It may be beneficial to use some of the equity in your UK home as a deposit and then fund the balance of the purchase with an overseas mortgage. This new foreign mortgage will obviously be based and denominated in the same country as your new property.
For more information on overseas mortgages please call us on 0800 316 5756
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
