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UK mortgage for overseas property?

Discussion in 'Buying Overseas Property' started by masterblaster, Dec 15, 2006.

  1. masterblaster

    masterblaster New Member

    Hi, I have a flat in London with about 50k in equity does anyone know if its possible to get a mortgage for a property overseas such as Bulgaria etc based on the equity of my UK flat?
     
  2. FlexiBox

    FlexiBox New Member

    In my experience you would be better off releasing the equity or re-mortaging the flat. A lot of these overseas property deals are tied to specifc mortgage providers.

    I think it is worth taking the equity out of the UK and investing in some of these emerging markets such as property in Morocco.

    Regards
    Flex
     
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