Technology3 mins ago
Mortgages abroad
1 Answers
When getting a mortgage to buy a property abroad what do the lenders do about getting a survey. I presume they will not lend without one.
Answers
Only 1 answer
Best Answer
No best answer has yet been selected by zante2000. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
Usually you have to get a mortgage from the country you are buying in. A survey is necessary and there are usually a lot more hoops to jump through than a UK purchase. You will need a solicitor in the counrty of purchase. Only real exception is in Spain and you can do this through most high st lenders. Alternative is to raise mortgage on your UK property and buy abroad outright.
Only 1 answer
