We’re ALL in the know, so share your “know”!
- Thread starter Wattie
- Start date
hunta
Member
I was recommended a chap named Paul Lingard and was very glad to have been.
https://albanyparkfinance.co.uk/mortgages/
D Walker
Member
Thanks, I’ll drop him a line.
daverichardson
Member
Where's the property Dave?
D Walker
Member
Thirsk Dave, well, just outside really, Sowerby.
D Walker
Member
Unfortunately just a bit short.....I guess some people take out bigger loans, Santander were really keen, they can obviously see my monthly income, but when I said contractor, working in Denmark, the guy folded like a used crisp packet..... if the vendors could wait 3-4 month I could probably do it cash, but they have all ready started renting their retirement flat.....
rockits
Member
I'm a bit short as well by several hundred k!
D Walker
Member
Offer accepted, so let’s see how we go with mortgage applications, at 51 I thought I’d put all this behind me......oh well...
philw696
Member
Good Luck Dave.
whereskeith
Member
Talking of mortgages look at this :-
www.jyskebank.dk
-0.5% for a 10 year mortgage.... On an interest only mortgage you pay zero monthly payments and every month the amoount you owe gets reduced..... The main interest rate in Denmark is -0.65 so effectively they are still making money.
If this rolls out to Europe and wider economies things are getting very interesting.
Bolig - Jyske Bank
Se hvad Jyske Bank anbefaler i øjeblikket hvis du skal optage et nyt lån, hvis du skal refinansiere eller hvis du overvejer at omlægge dit lån.
www.jyskebank.dk
-0.5% for a 10 year mortgage.... On an interest only mortgage you pay zero monthly payments and every month the amoount you owe gets reduced..... The main interest rate in Denmark is -0.65 so effectively they are still making money.
If this rolls out to Europe and wider economies things are getting very interesting.
D Walker
Member
Yep, I know about it in Denmark....Talking of mortgages look at this :-
Bolig - Jyske Bank
Se hvad Jyske Bank anbefaler i øjeblikket hvis du skal optage et nyt lån, hvis du skal refinansiere eller hvis du overvejer at omlægge dit lån.
-0.5% for a 10 year mortgage.... On an interest only mortgage you pay zero monthly payments and every month the amoount you owe gets reduced..... The main interest rate in Denmark is -0.65 so effectively they are still making money.
If this rolls out to Europe and wider economies things are getting very interesting.
rockits
Member
Chuffin Nora....that looks interesting.Talking of mortgages look at this :-
Bolig - Jyske Bank
Se hvad Jyske Bank anbefaler i øjeblikket hvis du skal optage et nyt lån, hvis du skal refinansiere eller hvis du overvejer at omlægge dit lån.
-0.5% for a 10 year mortgage.... On an interest only mortgage you pay zero monthly payments and every month the amoount you owe gets reduced..... The main interest rate in Denmark is -0.65 so effectively they are still making money.
If this rolls out to Europe and wider economies things are getting very interesting.
Wattie
Member
Sign of how screwed everything is....-ve rates!.
Wattie
Member
You could try these guys
Expat Mortgages UK - Special Mortgage Rates for UK Expats
We specialise in arranging Mortgages for UK Expats at great rates.
www.international-mortgage-plans.com
Ive used them, very smooth on both occasions. If they have lenders willing to help full expats, your half way house (pardon the pun) should be simpler!
Good luck
ps I've dealt with
John Emmett Cert PFC
International Mortgage Plans
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midlifecrisis
Mancunian
So how do I borrow a shed load, sorry house load of cash I. Denmark and move it to Britain.
JonW
Member
If can’t be that straightforward, but on the face of it seems simples - but only if you have loads of money already
Step 1 - Buy a property in Denmark for cash
Step 2 - take out a mortgage in Denmark for house improvements. Secure this on the property in Denmark
Step 3 - buy some gold (this step is optional and there to please Wattie! )
Step 4 - sell the gold in England and put the proceeds to whatever use you have for them...
for your new Danish venture.
Wattie
Member
To point out the blindingly obvious, if you buy a bargain Danish house, which they pay you for, and you sell it say 6 months later for a far higher value, then you have that excess cash to move anywhere.