How do you get a mortgage for a property abroad?

Hubblebubble_2

Hi guys,

Does anyone have any advice on getting a mortgage for a property abroad? I would like to buy a small flat in Amsterdam quite soon and am starting to research how to go about mortgaging and also to find out whether you can legally buy in Holland. I work in the UK amd have a property in the UK that i rent out. I only intend to be in my flat occasionally. I am trying to find out things myself but would really appreciate if anyone here had experience or knew which direction to point me in.

Kind regards all..

Hub

strictwithmoney

Hello Hub

Try posting your query on this forum : http://forum.expatica.com/Netherlands-f207.html

Hopefully, it helps and good luck with the NL property search.

Hubblebubble_2

Thank you SWM, that's just what i needed - nice one!!

missile

I lived in Netherlands for a few years when it was very similar to arranging a mortgage in UK. The interest rates were lower than UK! I expect it may be more difficult to get a mortgage there now.

Any Estate Agent will be able to advise you.

Do you have a bank account in the Netherlands? If not you will need one and speak to the manager. I found AMRO to be helpful.

hubble_bubble_2

Thank you Missile - I was wondering about actually having a bank account in Holland. Do you know if you need to be resident in Holland to get a bank account? I am Uk resident and would only be here occasionally.

Kind regards HB