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Buying in Turkey - raising finance?
Devon_Home_Girl
Posts: 9 Forumite
We are about to go to Turkey to view a couple of properties we are keen on - £27,500 and £38,500. We have enough equity to release the money by remortgaging but still have 2 years to run on a discounted mortgage. So our thoughts are to add an interest only amount to the mortgage from our current lenders (at standard variable rate) for the remainder of the discounted term, then subsequently add it to the main mortgage when we remortgage in 2 years....
Is this a good plan - its so daunting and so if anyone has any advice or words of warning we'd be grateful! ?
Is this a good plan - its so daunting and so if anyone has any advice or words of warning we'd be grateful! ?
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