Mortgage for house abroad Help needed!!!

alirob12

Hi all,
I am building a house abroad, and need to get a mortgage to carry on building. I already own a decent plot of loand and have a foundation on it, which is now valued at around 60-70k, and need around 90k to finish it. I also have around 5k of my own money. Banks I bank with are prepared to lend me 100k but for a house in the UK. Banks abroad (in my native country) are prepared to lend me but only around 50-60k,
So please I need to find a bank in the UK that will lend me 90k (I have a very good credit rating in the UK) (thanks to MSE!!!) but the only problem may be that the property is abroad.. So please HELLLLP...
Many thanks in advance!!

mrposhman

I think Lloyds will provide a mortgage overseas.

If not, google mortgages overseas (on the Uk site) and you will be provided with plenty of companies though I have no idea what their rates are.

Its much easier to get a mortgage in the country that you are building your house in (and possibly at better rates) but in your circumstances it seems that thats not the best option.

herbiesjp

Do you have a property in the UK?

If so can you raise some money against that property?

alirob12

hi, thanks for your replies, No I havent got a property in the Uk, thats what makes it more difficult.. I can get a loan but most of the time they only allow you to borrow 25k, and ususally at higher rate than mortgage, and as i said i need about 90k. I know there are companies that do lend you money against properties abroad, i am just not sre where to find them any idea??
many thanks

Conrad

I deal with foreign mortgages, and have invested abroad for the last few years.

I need to know a lot more details, for a start which counrty?

alirob12

Hi, thanks,

It is in Poland, and I am polish myself. What other details do you need? thanks