Low Interest Foreign Currency Mortgages

Very few people know that it is possible to obtain a foreign currency mortgage for a UK residential home.

Borrowing in a foreign currency that has a lower interest rate than Sterling is an attractive proposition and offers the possibility of sizeable reductions in monthly mortgage payments.

Whilst it is very tempting to look only at the cash flow benefits of low interest rate foreign currencies, it should not be the only consideration when assessing the suitability of a foreign currency mortgage facility. The effects of fluctuation in exchange rates should also be considered as these can directly affect the size of a borrowers outstanding loan. If the chosen foreign currency weakens against the value of sterling, the value of the currency mortgage debt will be reduced. Equally, if the currency strengthens, then the sterling equivalent of the foreign currency mortgage will increase.

Impartial information on Foreign Currency Mortgages

International Mortgages 4 You offers impartial information on a range of foreign currency mortgages so that you can decide which product suits your needs and individual circumstances. We have developed relationships with specialist banks who offer the following attractive and flexible arrangements to individuals looking for low interest mortgages in a foreign currency.

Single low interest currency mortgages

Foreign currency mortgages available:

• Foreign currency mortgages in Swiss Francs
• Foreign currency mortgages in Euros
• Foreign currency mortgages in Japanese Yen
• Foreign currency mortgages in United States Dollars (USD)

Minimum loan is £250,000 equivalent
Maximum loan equivalent to 65% of the property value

Foreign Currency Mortgages with a currency switch option

A foreign currency mortgage with a switch option offers the borrower the flexibility of denominating their loan in the foreign currency of their choice. The following currencies are available:

• Swiss Francs
• Euros
• Japanese Yen
• United States Dollars
• Sterling

Minimum loan is £250,000 equivalent
Maximum loan equivalent to 65% of the property value

Professionally managed foreign currency mortgages

A Foreign Currency Manager monitors the loan and seeks to maintain debt in currencies that are expected to weaken against Sterling for a fee.

Minimum loan is £250,000 equivalent
Maximum loan equivalent to 65% of the property value

Enquire about a foreign currency mortgage

Please click here to make an enquire about a mortgage in a foreign currency.