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Loan for a property abroad

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Comments

  • Lungboy
    Lungboy Posts: 1,953 Forumite
    Part of the Furniture 1,000 Posts
    JohnBravo wrote: »
    The thing is that I don't want to own a property in this country definitely not in over expensive capital city especially if in 30 years it will look like a Saudi Arabia and I am not talking about skyscrapers.

    I am not interested in spending 300k on a mediocre property if I can spend 80k on a 3x bigger property in a 600k+ pop city elsewhere.

    Besides such mortgage will take all my savings and the best years of my life.

    Why don't you tell us which pure white city you want to move to so we can never go there?
  • leespot
    leespot Posts: 554 Forumite
    JohnBravo wrote: »
    The thing is that I don't want to own a property in this country definitely not in over expensive capital city especially if in 30 years it will look like a Saudi Arabia and I am not talking about skyscrapers.

    I am not interested in spending 300k on a mediocre property if I can spend 80k on a 3x bigger property in a 600k+ pop city elsewhere.

    Besides such mortgage will take all my savings and the best years of my life.

    Maybe you could move to the country you want to buy property in and get a mortgage over there? Problem solved for you, and gives us one less bigoted numpty in the UK.
  • Hmmnnn David - the bank would know that you applied from abroad using the IP address - did you really get the loan?
  • I would refer to the OP comment posted 15th Jun 15, 7:26 PM:


    "Yes you are right I am complete dumb in properties."


    Ego conveniunt.
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Lungboy wrote: »
    Why don't you tell us which pure white city you want to move to so we can never go there?
    leespot wrote: »
    Maybe you could move to the country you want to buy property in and get a mortgage over there? Problem solved for you, and gives us one less bigoted numpty in the UK.

    The thread is 3 months old so at a guess I say the OP has got it sorted.
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