Providing Mortgages
for Properties Abroad
As standards of
living increase and people have more and more money at their
disposal, every year more and more people buy property abroad.
With many now viewing property abroad to be within their budgets,
and seeing an opportunity to maintain it through rental and managed
occupancy arrangements, more and more are beginning to enjoy the
village life of France, the skiing in Switzerland, the country life
in Ireland or the attractions of Florida and the USA.
Mortgage finance for second homes is also becoming more readily
available, with many lenders offering a full range of mortgage
products. A number of major UK lenders have therefore
established a sound presence in Europe, and this is likely to
develop further still with the Euro being a common European
currency.
Interest rates in Europe have generally followed the fixed rate
route; however there is scope to choose from a variety of products
and to deal with well known and familiar lending names, which brings
a degree of comfort to such a venture.
Mortgage services are not restricted to European destinations but
can be provided for locations in the USA, CANADA, AUSTRALIA, NEW
ZEALAND, the CARIBBEAN, & S.AFRICA. Wherever you are looking to
purchase, please feel free complete an
ENQUIRY FORM or
alternatively call us on 07951 927 795 for advice without
obligation.
Your home may be repossessed if you do not keep up repayments on
your mortgage.
Changes in the exchange rates may increase the sterling equivalent
of your debt
For mortgage advice you can choose
how we are paid: pay a fee, usually 1% of the loan amount or we can accept
commission from the lender