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Mortgage for BTL in Northern Ireland

  • 21-06-2009 4:36pm
    #1
    BendiBus
    Closed Accounts Posts: 2,074 ✭✭✭


    I'm looking at buying a property in Northern Ireland. It's for a family member so the financial merits of the investment are secondary.

    As a % of income, repayments would be relatively small due to a large deposit and low prices in the location I'm looking at. I'm already a homeowner (modest mortgage outstanding) down south with a good credit history. My regular savings greatly exceed what the mortgage repayments would be and I've an extremely secure job.

    Are mortgages readily available from southern banks for cross-border BTL purchases? The BOI website suggests they only do "equity release" based on southern properties and AIB says nothing on their site.


Comments

  • #2
    BendiBus
    Closed Accounts Posts: 2,074 ✭✭✭BendiBus


    OK, can I put it another way?

    Does anyone know, or can anyone recommend, a mortgage broker who might be experienced in cross-border mortgages?


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