Financing Options

One of the most important steps in acquiring international property is knowing what you can afford.  Better Homes International will be able to advise you on how to obtain finance as well as recommend adept financial advisory services and currency exchange specialists to ensure that you obtain the best possible rates and that you formulate the best way in which to make your payments. 

Independent Finance 

Better Homes International now works with Independant Finance, who have extensive experience with worldwide mortgages.  With the huge task of finding out just who will lend on a global scale, the tie up between Better Homes International and Independent Finance brings an unmatched international mortgage service.  Please click here to visit the Better Homes Partner Program, where you can learn more about international mortgages. 
 
Many of our partners also work with numerous mortgage brokerages and banks in their local area who can give advice specific to their locale.  Please contact Better Homes International and we'll get you in contact with the right person.

Overseas Mortgages 

Taking out a mortgage in the country where you plan to invest offers the obvious advantage of circumventing the money transfer fees which would apply when acquiring a mortgage in your home country. Although you will find that the precise terms vary from country to country, it is often possible to raise up to 80% of the property purchase price through opting for this kind of mortgage.  

The mortgage landscape has changed drastically in the last 12 months.  Due to the changing landscape, Better Homes International recommends you discuss your financing options with an expert in the field.   

UK Mortgages 

For British citizens, this may seem the most obvious method by which to raise finance for a foreign property investment.   It does carry the advantage of being a familiar system in which currency fluctuation is not a concern. 


Developer Mortgages

Select developers have negotiated special terms with banks and are able to offer enticing finance programs to their customers, even 100% financing.  For someone not looking to commit a great deal of capital, this could be an excellent path to pursue.  Better Homes currently offers a number of Caribbean and South American properties where this financial arrangement can be used to your benefit. 
  
Remortgaging 

You could chose to remortgage existing property or enter an equity release scheme, both of which are particularly effective for homeowners owning property that has seen prices have increased over time, as this will provide a substantial source of finance for your investment.

Useful Resources