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Euro mortgages

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Comments

  • maninthestreet
    maninthestreet Posts: 16,127 Forumite
    Part of the Furniture
    sabelu wrote: »
    Surely you can get mortgages for properties abroad

    Not from a UK-based lender (still waiting for someone to post on this thread and prove me wrong).
    "You were only supposed to blow the bl**dy doors off!!"
  • Mr_E_Man_2
    Mr_E_Man_2 Posts: 50 Forumite
    I was looking at buying abroad a couple of years ago and I think Halifax and Abbey would lend abroad, but I think I would have had to use branches in the country I was buying in, which was Spain in my case.

    Has he been to Budapest and seen if there are any familiar names on the high street?
  • GDB2222
    GDB2222 Posts: 26,849 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    sabelu wrote: »
    No intention not to buy that's not the issue

    Out of interest, as you're looking at all options, how much have prices reduced by in that area, and what's the outlook? Also, the website says 40% sold. What's the minimum they need to sell in order actually for this block to get built?
    No reliance should be placed on the above! Absolutely none, do you hear?
  • GDB2222
    GDB2222 Posts: 26,849 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    By the way, Budapest is lovely.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • sabelu
    sabelu Posts: 1,183 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    GDB2222 wrote: »
    Out of interest, as you're looking at all options, how much have prices reduced by in that area, and what's the outlook? Also, the website says 40% sold. What's the minimum they need to sell in order actually for this block to get built?

    The build is to the 5th floor and prices ok and holding up. As for lenders I am with citibank will check them out. Will also enquire with my Budapest solicitor
    It pays to challenge
  • SouthCoast
    SouthCoast Posts: 1,985 Forumite
    GDB2222 wrote: »
    By the way, Budapest is lovely.

    Provided you are not in negative equity.
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    sabelu wrote: »
    No intention not to buy that's not the issue
    Not sure what the issue is then. If my offspring started buying properties abroad they had no intention of living in while still at university, with no idea how they would pay for them, then I would probably leave them to make their own mistakes. Maybe it's just me.
    Been away for a while.
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