If you are looking to buy a property there could be a number of reasons why you would look to buy a new house or apartment abroad. It is an exciting time putting together a plan to buy a new property, and it can be even more exciting to take up a challenge of buying a new home in a different country to your own.
It could be that you are looking for a holiday home, somewhere to enjoy the summer holidays, or to have a warm weather home during the cold winter months in the UK. Another reason to buy a property abroad is that it is a long-term investment – either with a view to selling on at a later date for profit or as a buy-to-let where you rent the property out for large portions of the year to bring in a healthy rental yield. It might also be your future retirement plan, a home abroad for you to retire to and enjoy your time post work.
Mortgages work in much the same way in other countries as they do in the UK, but it is important to have expert support to help you through. Mortgages in many countries are determined by your actual earnings, rather than the potential rent you could earn from a property if you plan to buy-to-let, so have experienced brokers on your side throughout.
It can be difficult to find the right property for you in the UK or abroad, and with the complexities of different countries legal and tax systems it is important to have a broker on your side that can find you the correct support. At Central Mortgages we have an experienced team with links to mortgage brokers in several countries. To find the support you require to purchase your dream home abroad, please contact us today on 01277 630 183 or office@centralmortgages.net.
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