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If you are dreaming of owning a second property abroad, somewhere warm
and sunny, a place you can jet off to at a moments notice or allow friends
and family to use, a retreat away from the hustle and bustle of everyday
life. Capital Freedom can help you make your dreams a reality and assist
you in obtaining the finance to purchase your dream.
When buying a property abroad you have a choice to make on how you
fund your purchase you can use your existing property to finance or
Use the property abroad to finance the purchase.
Gaining access to the equity in your home by increasing your mortgage.
You would normally remortgage to a new provider or raise a second mortgage.
This is commonly known as capital raising. You can then use the money
raised to purchase your overseas property for cash.
Mortgaging the new property itself would mean borrowing in the local
currency, which will be affected by any exchange rate changes (current
euro rate3%) . If you think that borrowing money on the property abroad
is the best option, then we have teamed up with leading specialists
to provide you with the excellent deals.
You can discuss your requirements with your consultant or complete
the enquiry form and your consultant will get back to
you.
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