Mortgage Advice - Buying Abroad
If you are fortunate enough to have available cash or have decided – after taking appropriate advice – to transfer an existing investment for the purpose of buying your overseas property, then this section will be of no interest, but otherwise you will need to consider the options available.
U.K. Lenders
An increasing number of major Banks and Building Societies in the UK are also providing mortgage facilities at competitive rates – we will give you details of these and obtain appropriate quotations for you.
Using the equity in a UK Property
If you can raise the required finance by using any available equity in your own property, this is often to be preferred and will save you considerable hassle, and on closing (completion) costs. You will need advice from a professional Mortgage Advisor, and our associate company, Inter City Financial Services can help here. Many of our clients raise at least the deposit required from their own UK property equity. We will advise you of all available options for raising the required finance to complete your overseas property purchase. In all mortgage matters you must take professional advice – remember your home may be repossessed if you fail to maintain your mortgage or other loans secured on it.
Overseas Mortgages
