We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mortgage for property abroad/remortgage
alirob12
Posts: 809 Forumite
Hi all,
I am after a bit of advice. I have a mortgage abroad for a house i am having built. The mortgage will not however cover the whole of the build so i am having to remortgage. The problem is - when building a house money is paid in 10k intervals for banks security and i cant remortgage untill the whole amount is taken out. but to take all out i need to put 20k of my own money...
anyway.. i am hoping to get a mortgage in the uk, pay off the foreign bank off and then finish off the build.
Can anyone advise which bank is the best one to try (for mortgages abroad?)
thank you
I am after a bit of advice. I have a mortgage abroad for a house i am having built. The mortgage will not however cover the whole of the build so i am having to remortgage. The problem is - when building a house money is paid in 10k intervals for banks security and i cant remortgage untill the whole amount is taken out. but to take all out i need to put 20k of my own money...
anyway.. i am hoping to get a mortgage in the uk, pay off the foreign bank off and then finish off the build.
Can anyone advise which bank is the best one to try (for mortgages abroad?)
thank you
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards