mortgages for full balance owing

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03 Jan 2009 12:00 AM by mfurukawa20 Star rating. 37 forum posts Send private message

Hi, has anyone managed to find a mortgage for the full balance owing. My origianl plans were to take only a small mortgage but with £ to € I dont want to have to use UK assetts to fund this apartment. However so far I can't find anyone offering more than 50% of the value - whatever that is today?

Has anyone had a bank valuation of a 2 bed apartment yet - I dont want to spend loads of money with different banks just to be told they are worth much less than I fear - I am paying €224k + tax in my contract. 

Am seriously considering the risks of compelteing against not completing but its not an easy choice either way.

 

Tom

 




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12 Jan 2009 10:44 AM by PaulaM Star rating. 17 forum posts Send private message

HI Tom

Try contacting Gary Winward, he works with several banks and can offer non residents more than 50%. His email address is

garywinward@overseascapitalgroup.net

Caroline




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