What is rhe cheapest way to finance my purchase of a home?
A29: You can use Mortage. If you are form the UK – UK has the most efficient and competitive mortgage market in Europe, and the cheapest way to finance the purchase of a home overseas is by selling or re-mortgaging a UK property. (Re-mortgaging means withdrawing equity from a property whose value has increased by increasing the mortgage on it.) Acquiring a mortgage from a UK bank based on a Bulgarian property, or from a Bulgarian bank based on a Bulgarian property, will be both more complicated and more expensive (higher APR) than re-mortgaging a UK property.
You can use Mortage. If you are form the UK – UK has the most efficient and competitive mortgage market in Europe, and the cheapest way to finance the purchase of a home overseas is by selling or re-mortgaging a UK property. (Re-mortgaging means withdrawing equity from a property whose value has increased by increasing the mortgage on it.) Acquiring a mortgage from a UK bank based on a Bulgarian property, or from a Bulgarian bank based on a Bulgarian property, will be both more complicated and more expensive (higher APR) than re-mortgaging a UK property.
