Advantages and Disadvantages to an Overseas Mortgage

More and more people are looking to buy property abroad, but it can be difficult to find a mortgage that suits your needs, or indeed know where to start when looking for a mortgage abroad. With the expert assistance of Central Mortgages you can find the perfect mortgage abroad to suit your needs.

It is possible to find a mortgage through a bank overseas, with our specialist team providing you with the links and necessary know-how to get the deal over the line. Looking at local lenders ensures you have the widest array of choices in front of you, often with cheaper interest rates. You can also take advantage of local knowledge of the area you are looking to purchase in, the mortgage market, and local laws.

Always be fully prepared though, and understand that you might not necessarily receive the same legal protection as you would as a UK resident applying for a mortgage through a UK bank. This is where specialist support from Central Mortgages helps.

If you are interested in taking out an overseas mortgage Central Mortgages has  worldwide coverage and a process that is safe, secure, and provides you with a stress-free experience. We take care of the processes on your behalf, ensuring that all the correct boxes for the specific country in question are ticked and that finance is secured for your dream property abroad.

We are always looking to add new lenders to our portfolio, making it easier for our customers to find the right type of mortgage for their needs, whether in the UK or abroad. You’ll have access to 1000s of specialists all over the world, with competitive and exclusive lending terms available to you.

For more information about finding a suitable mortgage abroad, speak to the Central Mortgages team on 01277 630 183 or office@centralmortgages.net.