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

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are considerably higher when buying in Europe and vary from 10% - 15%. If you take out a foreign currency mortgage a further cost will be

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K. are in Sterling, but for the more adventurous among you, who are not afraid to take an extra risk, a foreign currency mortgage is an option.

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Foreign Currency Mortgage These are mortgages where the loan has been drawn down in another currency which is not Sterling.

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the British currency to buy your new property. Your mortgage debt remains in the foreign currency and interest is also charged in that currency

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