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Italian Mortgages
malko
Posts: 55 Forumite
Hi
I've been offered a little apartment in Italy and once i've paid the deposit it will come it in at around £20k. I know Barcalys do Italian mortgages but i noticed it says on their website they only borrow a minimum of £50k.......is this correct? Are there any other banks based in the UK who offer Italian mortgages?
Thanks
I've been offered a little apartment in Italy and once i've paid the deposit it will come it in at around £20k. I know Barcalys do Italian mortgages but i noticed it says on their website they only borrow a minimum of £50k.......is this correct? Are there any other banks based in the UK who offer Italian mortgages?
Thanks
0
Comments
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i'll give this a bump. Any suggestions?
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Don't know of any other UK banks that offer them but the £50K min may well be fairly standard - see
https://www.mortgagesoverseas.com/country.asp?Country=134
Conti are a very long established broker for overseas mortgages and they're suggesting that as their minimum figure. Not a recommendation, in fact I think they're quite expensive, but they are often quoted in the national press a bit like Charcoal for UK ones.
From personal experience overseas mortgages tend to be much heavier fees-wise than UK ones, so if you *only* need £20K have you considered other alternatives like a remortgage on your UK property or an unsecured loan to raise the balance needed?0 -
thanks a lot!0
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Ask on this forum they know just about everything you will need to know about Italy.
Regards
http://www.italymag.co.uk/forums/Any posts by myself are my opinion ONLY. They should never be taken as correct or factual without confirmation from a legal professional. All information is given without prejudice or liability.0 -
Ask on this forum they know just about everything you will need to know about Italy.
Regards
http://www.italymag.co.uk/forums/
thanks i'll have a look0
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