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Can we raise a mortgage on our home in the UK, to buy a property in France?

Posted on 10 June 2013 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.

Regards,

Simon

simon.collins@johncharcol.co.uk

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