What Mortgages Are Currently Available?

 

Our expert mortgage consultants will search the market to find the most suitable product for your needs. By working closely with our large panel of lenders, we can offer a tailor-made service which includes exclusive mortgage products, dedicated underwriters and a fast-track personal service for an exceptional customer experience.

Why use My Choice Villas Mortgage Services?

• No Fees
  Unlike other overseas mortgage specialists, with My Choice Villas there are no fees to pay for our mortgage services.
  
  

• Professional
  We have qualified and experienced advisors who can search the mortgage market to find the product and lender most suited to your requirements.
  
  

• UK and Overseas Lenders
  We have a broad panel of lenders based in the UK and overseas.
  
  

• Wide range of Mortgage Products
  Whether you are looking to release equity from a UK property, re-mortgage or raise finance from your existing overseas home or purchase additional properties, My Choice Villas can help you the right mortgage products.
  
  

• Excellent Customer Service
  We appreciate that finding an overseas mortgage solution can be daunting. Our friendly team will provide you with all the help and expert advice you need to choose the right mortgage product.
  
  

At present we offer overseas mortgages in the UK, Spain, France, Italy, Portugal, Canaries, Balearics, Madeira, Dubai* & South Africa although more countries will follow shortly. Our ability to offer interest only and repayment solutions** provides UK clients with the familiarity they would expect when mortgaging in the UK.

As a representative of the whole of market, our ability to offer UK mortgages provides the ultimate solution for you when trying to raise your initial deposit for your overseas purchase. In addition our specialist services are perfect for those clients looking for a new home if moving back to the UK. In conjunction with our currency solutions, My Choice Villas can ensure that you are provided with a professional service throughout the buying and finance process.

* Specific developments only.
** Excludes Dubai.

In addition a variety of mortgages are already in place for some of our selected investment properties such as the Leaseback opportunity at Center Parcs in the Moselle region of France which provide an excellent rate for this specific development

Many people decide that they would like to purchase that dream home in the sun but are detered by thoughts of how to raise the finance, how to make sure that their money is transferred safely and securely whilst at the same time not losing vast sums with currency fluctuations.

To make life as easy and comfortable as possible My Choice Villas has teamed up with one of the most respected names in the currency market; HIFX who will, whatever your plans give you all the help and advice you need to save money on all your international money transfers.

Chosen due to their dedicated levels of customer service and competitive exchange rates HIFX have porved themselves by assisting over 50,000 people to buy their "place in the sun"

 

To help you assess the potential mortgage costs we have created the table below that shows the costs per €1,000 borrowed

If you would like to know the current conversion rate for your chosen currency please use the converter found further down this page.

Interest Rate	15 Year Repayment Period	20 Year Repayment Period	25 Year Repayment Period	30 Year Repayment Period
3%	6.98	5.55	4.47	4.19
3.5%	7.14	5.80	5.01	4.49
4%	7.39	6.05	5.28	4.77
4.5%	7.64	6.31	5.56	5.07
5%	7.90	6.60	5.85	5.37
5.5%	8.17	6.88	6.14	5.68
6%	8.43	7.16	6.44	6.00
6.5%	8.71	7.46	6.75	6.32
7%	8.98	7.75	7.07	6.65

*Table shows the monthly repayment for each €1,000 borrowed. To calculate your monthly repayment, multiply the appropriate entry in the table by the number of Euros borrowed.

For example a €100,000 mortgage with an interest rate of 5% repaid over 20 years = €660 per month.

 

Please click the logo below for the latest currency conversions

If you would like an expert from HIFX to talk to you regarding your currency requirements with absolutely no obligation please click the banner below

 

The My Choice Villas HIFX service brings to you:

• An efficient and cost effective purchase of foreign currency with free transfer of funds abroad

• A regular payment service for monthly overseas money transfers for such things as mortgage payments, running costs and pension receipts

• Access to experts with a thorough understanding of overseas property purchases and everything that it involves

With access to better exchange rates that high street banks, no charges for transfers abroad HIFX and My Choice Villas are your winning team

So as we say here:

Don't Dream It, Do It

with My Choice Villas