The market for mortgage loans is no longer restricted by locality. Worldwide lenders make securing a mortgage loan possible outside of the country they (or you) may be located in.
There are many reasons why you might consider an international mortgage. Perhaps you have moved abroad and wish to purchase property in the new country of residence, or you intend to take on a property that you will “buy to let” for the purpose of income. Maybe you want to improve your portfolio with the inclusion of property for its tax advantages, or realize profits from a recent market upturn and release equity from current arrangements.
In any case, the cost of borrowing is greatly impacted by effective planning, or of course, the lack thereof. Besides taking into account the obvious factors such as interest rates, term length and size of the loan, there are other determinants such as exchange rates and cross-border controls that must also be examined when considering an international mortgage.
With the expert advice from the professionals at Chartercross, you can buy property around the world secure in the knowledge that you are getting the best rates that the international market has to offer.
Our advisors specialize in both first time mortgages (purchases) and re-mortgages, and we will also help you get the property insured- as this is often a condition of an international mortgage loan.
Whether it’s private property for a home or commercial property for business expansion or investment, we are here to help connect you with the mortgage that will suit your needs, wherever you are in the world.