I asked the same sort of question a while back when a friend (who lives in Germany) was wanting a loan. They discovered that it was not going to happen as to get a secured loan you need an entry in the German equivalent of the land registry, and UK banks are very unlikely to do this especially now that Brexit has happened which would make enforcement a lot harder if you did not pay.
Credit card debt - NIL
Home improvement secured loans 30,130/41,000 and 23,156/28,000 End 2027 and 2029
Mortgage 64,513/100,000 End Nov 2035
2022 all rolling into new mortgage + extra to finish house. 125,000 End 2036
I would expect it to be unlikely to find a UK lender to lend against a property in Germany, but I know of two friends who have both taken out mortgages in Germany against their German properties in order to buy properties in the UK. One was resident in GER, one is a UK resident. But the use of mortgage proceeds was limited to real estate.
So maybe you can speak to some local banks in Germany if they allowed you to remortgage your prop in GER and use the funds in the UK?
Replies
Home improvement secured loans 30,130/41,000 and 23,156/28,000 End 2027 and 2029
Mortgage 64,513/100,000 End Nov 2035
2022 all rolling into new mortgage + extra to finish house. 125,000 End 2036
I would expect it to be unlikely to find a UK lender to lend against a property in Germany, but I know of two friends who have both taken out mortgages in Germany against their German properties in order to buy properties in the UK. One was resident in GER, one is a UK resident. But the use of mortgage proceeds was limited to real estate.
So maybe you can speak to some local banks in Germany if they allowed you to remortgage your prop in GER and use the funds in the UK?