OVERSEAS PROPERTY MORTGAGES
When buying a property abroad, the all-important first step is to decide on your budget. There is no point in considering or even viewing a property that you can’t afford. We will do our best not to show you properties outside your budget!
Next step is to call on the expertise of a professional financial advisor to get a mortgage agreed in principle: Our experts can pre-qualify your application before you begin your property search to give you an idea of how much you can borrow, even before you make a formal application. Our financial advisors provide this service at no cost. An agreement in principle lasts up to six months, which enables you to consider various overseas properties, confident that a lender has pre-approved the finance.
We work with a team of professionals experienced in foreign property purchase and international mortgage advice. Our international partners employ staff who are fluent in most languages, enabling us to speed up the application process when dealing with local notaries and banks
Through our partners, we can arrange finance for property purchases in the majority of the countries we cover. Our brokers are fully independent, which means we can access all lenders giving you more choice and competitive rates. In certain circumstances we can refer you directly to overseas banks that can provide you with preferential rates for particular developments.
Whether you are employed, self-employed or retired, we will endeavour to raise the finance you need in the country of purchase or via the UK through tailored solutions specifically designed to meet your needs. A good example being releasing equity from any UK properties you may own.
If you follow the advice above, you’ll find that once you find that dream property arranging the finance will be straightforward.
-----------------------------------------------------------------------------------------------------------
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME OR FOREIGN PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT. BE SURE YOU CAN AFFORD THE REPAYMENTS BEFORE ENTERING INTO ANY CREDIT AGREEMENT.
Please note, A WORLD OVERSEAS are not financial advisors. All client financial arrangements are made directly with our financial partners.
