Can I get a Mortgage outside Ireland

B-D-P-- · 29-02-2020 05:14PM #1

Was chatting with my uncle in holland recently, we were discussing mortgage rates. I said I was about to renew with UB for 2.3% for 2 years and was delighted with that.

He said he was on a 1.6% for 10 years.
Couldnt believe it, is it possible to switch to a mortgage outside Ireland to another EU bank?

I'd have a LTV of 54% so a would make me a very viable option for any bank I imagine.

Chris_5339762 · 29-02-2020 08:07PM

Short answer: Not a chance. No foreign bank would be able to get security for the loan from you.

silver2020 · 29-02-2020 08:48PM

Look at the terms of his mortgage - if he cannot pay and can't come to an agreement, he's out within 3 months, house on the market and new owner in situ within 6 months.

here, you can scam up to 10 years without paying a penny, the banks have to spend tens of thousands on legal fees and forego the interest before they eventually get the property back.

guess who pays all these legal fees and non payment of interest for the several thousand scammers - you and me.

That's why no european banks will look at Ireland despite the fact that they could open up a mortgage book within a few weeks

B-D-P-- · 01-03-2020 01:59PM

Ok thanks guys for the info. Appreciate it

Can I get a Mortgage outside Ireland

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