Can I get a mortgage from a foreign bank?
I live in the UK is it possible to transfer a mortgage to a bank based in a different country that doesn't operate in the UK, say Germany or United states for example?
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You definitely used to be able to (see this BBC article from 2006), and I would imagine that you still can, although I also imagine that it would be more difficult than it used to be, as with all mortgages.
EDIT: And here's an article from last year about Chinese banks targeting the UK mortgage market.
Simple answer YES you can, there are loads here are some links :
world first , Baydon Hill , IPF
Just googling "foreign currency mortgage", "international mortgage", or "overseas mortgage" gets you loads of starting points. I believe its an established and well used process, and they would be "classified" as a "normal" mortgage.
The process even has its own wiki page
Incidentally I considered doing it myself. I looked into it briefly, but the cost of fee's seemed to outweigh the possible future benefits of lower interest rates and currency fluctuations.
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