Asset Design Limited is authorised and regulated by the Financial Services Authority.
Please note that most buy to let mortgages are not regulated by the Financial Services Authority.

 
investing, property 
 


Take advantage of Foreign Currency Mortgages to reduce mortgage payments or own your overseas home more quickly.

 

UK Landlord with Property Portfolio? - Switch to a Foreign Currency Mortgage? >>>
General Advice on Buying Overseas >>>
Arranging a mortgage overseas >>>
Useful links >>>
The top 5 tips for moving abroad >>>
Romania Mania! >>>
Further information on foreign currency mortgages >>>








 

 

 

 

The principal of foreign currency mortgages are simple: The opportunity to borrow money at a lower rate of Interest than is possible in the UK!

Arranging mortgages for overseas property purchase can be a minefield. We can guide you through the process to a suitable conclusion and spread your mortgage over a range of different currencies if appropriate.

Are you an expatriate or being paid in Euros? – We have the mortgage solutions for your overseas property investments.

Are you a UK Landord with a property portfolio?
Would you like to explore the benefits of switching your mortgage portfolio to a foreign currency mortgage?
Find out more >>>


August 2004
We switch a client with a buy to let portfolio secured on a £2.3 million mortgage to a foreign currency mortgage. This instantly creates a reduction of £50,000 per annum in payments.

Whatever your mortgage commitments find out how much you could save. For further advice please call us now on 08704 28 28 29*.


Here's an example...
Example for Euro Loans: Repayment mortgage of approx €72,500 over a period of 20 years at an interest rate of approx. 2.75% = approx €397.30 capital and interest per month = a total approximate amount payable over the term of €98,252 including capital, interest, arrangement and survey fees

Here's an example...
A £150,000 mortgage repaid over 25 years at 5.75% would cost approximately £945 per month. The same mortgage in Japanese Yen (for example) at 2% would cost approximately £635 per month. A staggering saving of £310 per month!

Daily Foreign Currency Rates:
Click here for the latest exchange rates >>>
   
European Mortgage Federation:
click on image

Need advice?

The Property Banking team are happy to discuss the pros and cons of sourcing foreign currency mortgages. Call one of our team on 08704 28 28 29*


Changes in exchange rates may increase sterling equivalent debt and repayments

* Lines open Monday - Friday 8.00am - 10pm. Calls charged at local rate. Calls are monitored and may be recorded for training purposes. Operated by Asset Design Limited, authorised and regulated by the Financial Services Authority. Find out more
 
 
 
*Calls are monitored and may be recorded for training purposes

CERTAIN MORTGAGES, SUCH AS BUY-TO-LET MORTGAGES, ARE NOT REGULATED AND AUTHORISED BY THE FSA

ADVICE:THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGES. WE CHARGE A FLAT FEE CLEARLY ITEMISED ON OUR RECOMMENDATIONS. A TYPICAL FEE MIGHT BE 1% OF THE LOAN AMOUNT PAYABLE ON COMPLETION OF THE LOAN.

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Asset Design Limited is authorised and regulated by the Financial Services Authority
Head office: Shaw House 110-114 Barnards Green Road Malvern Worcestershire WR14 3ND