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Foreign Currency Mortgages

Foreign Currency Mortgages can be held in many currencies ranging from US dollars to Swiss Francs. Changes in Interest rates will depend on the country's central bank. In addition to the interest rate, the cost of the mortgage will be determined by currency exchange rates.

Foreign Currency Mortgages are considered to have a level of risk higher than that of standard mortgages. Lenders will offer clients options of 'managed' or 'self managed' mortgages and it is important to consider the full benefits and disadvantages of this style of lending.

At Holbrook Property Finance Ltd, we specialise in co-ordinating the entire mortgage process on your behalf. We can provide advice on foreign currency mortgages and explain the benefits and risks of arranging finance for property in this manner.

For more information on how we can provide you with our quality service please contact one of our consultants on +44 (0)20 834 6500 or Click Here for further contact options.

Changes in the exchange rate may increase the sterling equivalent of your debt.

Your home may be repossessed if you do not keep up repayments on your mortgage.

The Financial Conduct Authority does not regulate some forms of buy to lets, commercial mortgages or offshore mortgages.

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