Outbound Properties work alongside a number banks and international financial organisations, which are able to assist you in finding the financial package that best, suits you.
For example, in Spain non-residents may be eligible for a mortgage, which varies between 50%-70% of the value of the property that they intend to purchase. In the case of people with Spanish residence, mortgages can vary between 80%-100% of the value of the property that they intend to purchase subject to status.
It is best to be realistic about your budget and therefore it is very useful to know what you can and want to spend prior to looking for your ideal property. Be aware that you may even have equity in your current home that would allow you to borrow sufficient funds required to secure your purchase. U.K banks will usually lend up to 90% of the value of the property.
You would be surprised what packages are available to you for financing your overseas property. For more information, please feel free to contact us as our professional international mortgage brokers will give yu the best advise available.
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