Raise on a Mortgage in the UK for Abroad Purchase
Posted on 10 June 2015 by Dunn
We own our house value approx £375,000 want to raise a mortgage to buy a second home in France and require approx £100,000.
Subject to the usual caveat over meeting lenders affordability and having a clean credit profile, I can't see any reason why you shouldn't be able to do this. The loan to value is good, and in the main, lenders won't have a problem with you using the funds to buy a property in France.
If you want to know more about what's available to you, then please let me know and I'll arrange a convenient time for you to speak to one of our consultants.
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