Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation
Reply
 
Thread Tools Display Modes
  #1  
Old 26.01.2015, 13:13
Newbie 1st class
 
Join Date: Oct 2014
Location: zurich
Posts: 13
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
scoey has no particular reputation at present
Mortgage - UK from Switzerland

Hi there,

I've recently moved to Zurich and have a property that is mortgaged with my wife in the UK.

The fixed rate is coming to an end and I am looking to remortgage and make use of the current good rates.

My questions are.

1 - Can I arrange a loan in CHF to pay off the outstanding balance and pay off on a monthly basis?

2 - Can we arrange a UK mortgage using my wives income and mine as "additional income"

or do I have to arrange a UK expat mortgage? These are few and far between and the fees are ridiculous.

If anyone could help or has any dealings that would be great.

Thanks
Reply With Quote
  #2  
Old 26.01.2015, 13:31
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 11,485
Groaned at 246 Times in 157 Posts
Thanked 13,338 Times in 5,682 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Mortgage - UK from Switzerland

Very few banks like to give mortgages to non-residents. When I moved, I just kept quiet and continued with the mortgage. Strictly, they would not have even let me continue my mortgage as once I rented it out, it was BTL and the bank did not have a BTL mortgage licence...
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Swiss mortgage for the uk bradley_research Finance/banking/taxation 7 25.10.2011 16:39
Mortgage for UK property richardwp Finance/banking/taxation 15 12.08.2011 12:40
Paying off mortgage (monthly) in UK from salary in CHF Denman Finance/banking/taxation 27 29.07.2011 17:46
UK Mortgage - Northern Rock telandy General off-topic 2 16.08.2010 15:13
Swiss mortgage on UK property? julianw Finance/banking/taxation 4 08.06.2007 14:54


All times are GMT +2. The time now is 10:55.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2016, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0