Call us on 0344 346 3672
or arrange a callback

68 year old Ex-Pat in Crete. Can I remortgage my UK Buy To Let?

Posted on 7 June 2013 by D Nelson


I live in Crete and let my house out for £900 a month. We would like to re mortgage for £100k and we owe £40k and are both 68 is this poss?

On the basis of the initial information you've supplied this seems a feasible proposition. There are still a good number of lenders who will offer Buy To Let mortgages for Ex-pat's, as long as the loan to value is good, and the rental income generated is strong too.

If you'd like to know more then please let me know and I can arrange for you to talk to one of our consultants, who can go through your options in more detail.

Regards,

Simon
simon.collins@johncharcol.co.uk
More than mortgages, talk to me about:
Financial Protection | Investments | Personal and Corporate Pensions | Home Insurance
General Insurance | Valuations | Conveyancing | Wills | Home finders

Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.


Legal

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

John Charcol is a trading name of John Charcol Limited and its Appointed Representatives. John Charcol Limited is authorised and regulated by the Financial Conduct Authority. The Financial Services Register number is 665649. Registered in England No. 9157892. Registered office address for John Charcol Limited is 5th Floor, Cutlers Exchange, 123 Houndsditch, London, EC3A 7BU. The FCA does not regulate some investment mortgage contracts. Calls may be recorded for training and monitoring.