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