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Managed Currency Mortgage
Noel_Brassey
Posts: 1 Newbie
Hi Everyone, wot due reckon to this sounds good, but is it??
The currency mortgage is offered by a number of large well known international banks and can be fully utilised by UK residents when purchasing or re-mortgaging investment or buy-to-let property. The main benefit of borrowing in a different currency is to reduce interest rates and therefore reduce outgoings. If the property is for investment purposes and is rented out then it also gives positive cash flow and makes the investment self sufficient allowing owners to sit back and benefit from long term capital appreciation from their investment without the necessity for them to support the investment on an ongoing basis.
Qualifying loans must be £100,000 or above and interest rates can be reduced by up to 75%
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