Financing your Ski Property

Although more people then ever are investing in overseas property, many still don’t realise that a second home is within their means.With the failure of many private pension schemes, a growing number of investors are looking to the property market to provide financial growth for the future.

With the assistance of reputable financial advisors we cam help you to secure the required finance for purchasing your new property. The two most popular routes are:

 - A foreign property mortgage, secured against the property which can be obtained either from a British bank or building society or via a registered lender in the country of purchase.

 - Re-mortgaging your existing property, thereby freeing equity to fund your investment purchase.

Remember – many off-plan developments require only a percentage of the total cost before completion, sometimes as little as 10% - 20%, allowing you to take advantage of capital appreciation.

Currency Provider

Once you have decided to purchase a property you will most likely need to make a deposit payment in a foreign currency, usually in Euros.

We recommend you use the services of an established foreign exchange service such as HiFX, which offers clients access to extremely competitive rates of exchange, plus the chance to fix the rate forward for two years. This can save a considerable amount of money. For example, last year Britons paying €100,000 for a property abroad would have saved themselves up to 4% or just over £3,000 on the exchange rate alone by using HIFX.

We can point you in the right direction and offer you the best possible advice so that you can make a decision that’s right for you.





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