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Are you thinking about buying a property abroad as a holiday home or as
an investment? If you already own a property in the UK you may be able to raise capital by remortgaging this and thereby releasing equity to assist with the finance of your property abroad. Many clients buy overseas properties for a variety of reasons:
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************************ Changes in the exchange rate may increase the Sterling equivalent of your debt. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or other debt secured against it. Caledonian Mortgage Solutions is a trading style of The ER Network who are appointed representatives of Intrinsic Financial Planning Limited and Intrinsic Mortgage Planning Limited, who are authorised and regulated by the Financial Services Authority. Intrinsic Financial Planning Limited and Intrinsic Mortgage Planning Limited are entered on the FSA register under references 440703 and 440718. The Financial Services Authority does not regulate overseas mortgages. For advice on any of the above, Contact Us now. |
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