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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
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