Mortgage
#1
Mortgage
Been on one of those fixed lower rate mortgages in the uk for 3 years which is due to end in Nov. What happens at the end of this period, is the mortgage re-negotiated? When I took the original mortgage out I was working in the uk but obviously now in Dubai, can someone in finance give me a couple of pointers on whether to expect any difficulty in renewing the mortgage whilst working here in Dubai. Will i need to look at an overseas mortgage?
Thanks
Thanks
#2
Joined: Apr 2008
Posts: 872
Re: Mortgage
Been on one of those fixed lower rate mortgages in the uk for 3 years which is due to end in Nov. What happens at the end of this period, is the mortgage re-negotiated? When I took the original mortgage out I was working in the uk but obviously now in Dubai, can someone in finance give me a couple of pointers on whether to expect any difficulty in renewing the mortgage whilst working here in Dubai. Will i need to look at an overseas mortgage?
Thanks
Thanks
also, you might want to look at an offshore mortgage like the products lloyds or hsbc are offering.
haz saeed
#3
banned
Joined: Oct 2008
Posts: 7,611
Re: Mortgage
normUK sorted me out with a mortgage with Lloyds in Hong Kong for my property in scotland. Current interest rate 1% i think.
#5
Re: Mortgage
Been on one of those fixed lower rate mortgages in the uk for 3 years which is due to end in Nov. What happens at the end of this period, is the mortgage re-negotiated? When I took the original mortgage out I was working in the uk but obviously now in Dubai, can someone in finance give me a couple of pointers on whether to expect any difficulty in renewing the mortgage whilst working here in Dubai. Will i need to look at an overseas mortgage?
Thanks
Thanks
You have a fair number of options even when working from Dubai so I'd suggest getting in touch with either myself or Meow at least 3-4 months before renewing to see what your options are.
N.