Flat - Telegraph.Co.Uk - Investing In Property Overseas: Is It OK To Borrow? | Britons living in Bulgaria. Guide to Bulgaria, Sofia and Varna

2/27/08

Flat - Telegraph.Co.Uk - Investing In Property Overseas: Is It OK To Borrow?


Investing in property overseas: Is it OK to borrow? - Telegraph.co.uk


Investing in property overseas: Is it OK to borrow?
Telegraph.co.uk, United Kingdom - Feb 1, 2008
... or a lot less - than you expect," says Irini Tzortzoglou from Piraeus Bank UK, which lends to Britons buying in Bulgaria, Greece, Romania and Cyprus. ...
Investing in property overseas: Is it OK to borrow? - Telegraph.co.uk
But British banks may not lend in emerging countries, and turbulence in UK mortgage markets has made equity release harder."Equity release is great, but there's a currency risk," says Nelson. Investing in property overseas: Is it OK to borrow? There's no easy answer: it depends on you.

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