Funding property abroad.

dumpster_fire2025

Konrad. said:

dumpster_fire2025 said:

You've ignored the advice.

You won't be able to get a loan for 180k in this country, certainly not unsecured and what would be the point of getting one that is secured on your house?

Because, then I can easily rent that property in Poland for about 800 pounds per month. So, after that, I need to pay 100-200 pounds per month, to get property worth 200k on retirement...

You're missing the point. They'd be fools for giving you an unsecured loan, because then they have no way of recouping the money other than taking you to court. And as a Polish person, well, good luck chasing that debt.

If it was a secured loan then it's just a mortgage. But UK banks won't lend on foreign properties because it's a !!!!!! trying to get their money back if the borrower defaults.

At best you could remortgage your UK property but that won't give you the full funds you need.