| Financial
Services > Mortgages
> Holiday
Homes > UK Banks
& Building Societies
In
this instance, you
will find yourself
dealing with a familiar
system of mortgage
lending, however
not all lenders
will be prepared
to offer you mortgages
abroad. Some lenders
may offer you very
competitive interest
rates, whereas other
may be more cautious
about lending money
for use abroad,
and may increase
the rate of interest.
It is advisable,
if this is the option
you choose, to examine
the lender’s
policies on international
mortgages to insure
that you get the
best deal. Local
knowledge of the
country you are
buying property
in is also important,
and not all banks
or building societies
will have this knowledge.
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