12 & 17 Pepper St, Docklands, London, E14 9QY
Tel: 0207 519 4900
Fax: 020 7519 4910
clients@sophisticatedmortgages.com
If you require a loan of £250,000 or above and are aware of both the potential benefits and risks of a currency mortgage, our product may be suitable for you.
The objective of the multi-currency mortgage management programme is to reduce the size of your mortgage by borrowing in currencies which fall in value against sterling; and reduce the cost of servicing the debt by borrowing in currencies which have a lower interest rate than sterling.
However with these potential benefits come risks, and foreign currency loans should not be considered by anyone who is unable to afford the financial implications of a permanent increase in their loan and the resulting higher sterling interest rate payments.
For some individuals buying property in the UK, deciding whether to purchase the property in your personal name(s) or use a company and trust structure requires professional tax advice. For example, using offshore mortgages provides everything you would expect from a traditional onshore mortgage with the added benefits of tax advantages for specific situations where the interest on the loan could be paid out of foreign income, without that income being taxed in the UK.
Working with leading property sourcing companies and trained professionals ensures that no request is too much. If you cannot find that dream home then a specialist buying agency may have properties that are suitable for you, including for those who require total discretion when moving. If we can help we will. Just ask.
To make an enquiry please fill out our online form.