Euro Mortgage Information and Options

International Euro Euribor Mortgage

UK- Euro Mortgage
Option 1.

The Euro Mortgage is the vehicle that will facilitate the transfer from a sterling into a Euro mortgage by including:

The outstanding capital of the UK mortgage, 1% application fee,

Loans upto 75% of the value of your property .

Main Residance and Buy to let applications acceptable.

UK- Euro Mortgage

Option 2.
The Euro Switch Mortgage is available for up to 80% of our valuation of the French property and for a duration from 7 to 20 years.

New Mortgage Finders mortgage advisers will provide help and assistance throughout the process of setting up this new refinance scheme.

For British buyers, the time may now have come for them to find a suitable way to use their European property to manage and optimise their personal finances. Tacking advantage of the euribor 12 month or other Euribor rates.

Dont have a property abroad but still want a Euro Mortgage on your UK property, For further details, click here

UK-Spanish Euro Refinance

Option 3.

For the fist time a UK refinance deal through a Spanish Lender. We will offer to release equity from your Spanish property to repay your existing UK mortgage in favor of a Spanish EURO mortgage. Mortgage rate linked to the euribor 12 month interest rate of 5.51% rather than the UK bank rate of 5.00% at time of writting. The scheme has some set up costs with a renewable Euribor rate margin of just 1.25% for the term of the loan. The lender claims that this will allow customers to take advantage of Euro rates with the option to take an addition 20% equity release for any legal non-company reason.Mandatory life & payment insurance is required

This product is based on the cost of funds rather than just the UK bank rate currently 5.00%. The scheme has some set up costs which are compareable with the current market, ( base rate plus1.25% deal will track your prefered base rate). The lender claims that this will allow customers to take advantage of Low overseas rates with the ability to pay by sterling. No early repayment

Date: April 2008
Euribor mortgage rate movement

"On current performance, mortgages linked to the Euro would appear to offer exceptional value to UK borrowers. We are delighted to bring this to the market with New Mortgage Finder, who specialise in this type of customer."