We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
Buying in Germany/Getting a mortgage for foreign property
Disillusioned-
Posts: 13 Forumite
Looking into buying a flat in Germany.
Looking at spending about £20,000. (Parts of Germany are cheap). Do you think I'd be able to get a mortgage on such a small amount? I know that German lenders don't like to for small sums - and it's also difficult not being resident in Germany, so I would need to use a British lender..
My personal savings are about £5,000.
(I am a student in England and plan to move to Germany after my studies).
Looking at spending about £20,000. (Parts of Germany are cheap). Do you think I'd be able to get a mortgage on such a small amount? I know that German lenders don't like to for small sums - and it's also difficult not being resident in Germany, so I would need to use a British lender..
My personal savings are about £5,000.
(I am a student in England and plan to move to Germany after my studies).
0
Comments
-
Anybody have any idea? Thanks.0
-
Is this thread of any use to you?
http://forums.moneysavingexpert.com/showthread.html?t=421719&highlight=german"Whenever you find yourself on the side of the majority, it's time to pause and reflect." - Mark Twain0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 349.9K Banking & Borrowing
- 252.6K Reduce Debt & Boost Income
- 453K Spending & Discounts
- 242.8K Work, Benefits & Business
- 619.6K Mortgages, Homes & Bills
- 176.4K Life & Family
- 255.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards