How do I get a loan/mortgage to buy property abroad?

buy property

I’m a recent graduate looking to buy a property in Turkey.
I don’t have the option of remortgaging as I don’t own a house.
I asked my bank about getting a personal loan/mortgage of between £25k and £35k but they won’t lend money if it will be used to purchase property abroad.

Can anyone give me some advice?

Related posts:

  1. How can I buy a house when I am refused for a pre approved mortgage? I only have enough money for a down payment but I still have to borrow a considerable amount. But according to the banks I dont make enough to buy a...
  2. what steps do i have to go through to buy delinquent tax property? tell me the steps i need to do to buy tax property thanks.my uncle bought a nice home on the court house steps in va. years ago and lived in...
  3. Better to keep property or sell and pay off existing mortgage? I own a home with a mortgage and own a piece of rental property that currently has a tenant. I net appx. 800 a month from the tenant. I could...
  4. Loan as owner occupied but want to rent out my property? I realized my loan was applied as owner occupied. Is there anyway I can rent out my property legally? If I just rent my property out, will my lender know...
  5. Can someone else buy property for you but not have their name on the deed? There is a piece of land I want to buy. My mother offered to pay for it so that I wouldn’t have to go through a bank for a loan...

Tags: , ,

categories buy property | , 12 May 10

  • By peacemakers3000, May 14, 2010 @ 8:50 pm

    From the owner of the property.
    I Know that has been practiced.

  • By Baronlebon, May 15, 2010 @ 5:33 am

    I have only bought in France and foreigners are required to put in 20% of purchase price plus fees.You could try borrowing the money here on say a personal loan and using that to deposit in Turkey.I don’t know the system in Turkey but hard cash translates in any language.Be careful tho’ and check out all the pros and cons before you proceed preferably with a responsible Brit who has bought over there.Hope this helps.Baron

  • By BRIAN S, May 16, 2010 @ 10:11 am

    Try a Turkish bank operating in the UK

Other links to this post