Buying a Property Abroad
Is There a Right Way to Mortgage
Your Holiday Home / Foreign Property?
Purchasing a holiday home or owning an investment
property abroad is many peoples ultimate dream.
Aided by the new low cost airlines and travel companies it’s now easier than
ever to get away. The world seems to have opened up and we can now get anywhere
quickly and cheaply.
In many parts of the world, the cost of property remains extremely low in
comparison to our domestic property market here in the UK. As our domestic
market cools slightly, it seems there is now a huge number of potential
property-related opportunities abroad and new booming property markets springing
up around the world.
Europe has often been a favourite location. We Britons have bought thousands of
properties in Spain and France over the last few years.
Lets Mortgage It.com has been an integral property team member for many of our
clients who have chosen to live their dreams and buy an investment property
abroad. Are you ready to join them?
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FOR YOUR FREE PERSONAL
& CONFIDENTIAL MORTGAGE STATUS REVIEW
The choice these days is often between luxury new build developments or perhaps older more traditional property. We have helped our clients to buy holiday homes in locations in Europe and as far a field as Dubai and Australia.
In recent times we have also experienced a large increase in the purchase of holiday homes here in Britain. With the seemingly better and longer summers, many investors are choosing to buy in costal locations all over the UK, especially along the South coast and in the South West. So whether your dream holiday property is on a beautiful sandy beach or on a cool snowy mountain we can make it a reality.
Some of our clients choose to visit their properties often, going over for holidays and weekends throughout the year. Other clients have decided that the foreign markets will help them achieve greater property investment returns and look to rent out their properties from day one.
Whatever your reasons for wanting to invest in a foreign property, we will have experience of your situation. Our experience and knowledge of your position means that we can help and guide you to make the right mortgage finance choice with the minimum of fuss.
Without Lets Mortgage It.com on your property team there's a danger of making mistakes. Mistakes in choosing the right mortgage finance package could prove to be very costly indeed.
So what is the best way of financing a foreign property purchase?
Sometimes it may be possible to arrange a mortgage in the country you are buying in. This mortgage would be arranged in the currency of that county. Many foreign investors initially believe that the monthly mortgage payments will be cheaper and that they can take advantage of the lower foreign interest rates. Sometimes, this might well be true, however there are potential dangers when taking this route to be fully aware of.
Call us today on 08700 112 400 to discuss the various financial options with our mortgage experts.
More often than not, it is often better to secure your required mortgage borrowing against an existing property here in the UK. This is not always straight forward either so we would encourage you to seek out logical, effective and personal mortgage advice and recommendation.
At Lets Mortgage It.com we understand the different options available to buyers of foreign properties and holiday homes. This in turn, means that you are assured of our top quality service and the correct mortgage solution to suit your circumstances.
ENSURE WE ARE ON YOUR
PROPERTY TEAM
CONTACT US TODAY
OR
CALL US NOW ON
08700 112 300
Client testimonial:-
“My wife and I have worked all our lives dreaming that one day we would own a
property in the South of France. I used Lets Mortgage It.com as my mortgage
broker last time we moved house in England so they were the first point of call
for me when we found the property we wanted to buy. As expected the service from
Lets Mortgage It.com was excellent and along with our UK based solicitors we
were able to complete the purchase with minimal stress to myself and my wife.
Now we spend holidays in the sun and it’s as good as we dreamed. Thank you.”
Mr & Mrs Devonshire - Kent