Securing a mortgage for overseas properties

Reuben Allonby

The dream of owning a property abroad is one shared by many. Whether it's a sun-soaked villa in Spain, a rustic farmhouse in France, or a chic apartment in the heart of New York City, the allure of international real estate is undeniable.

However, the journey to purchasing property overseas can be complex, particularly when it comes to arranging a mortgage. In this detailed guide, we'll walk you through the ins and outs of securing a mortgage for your dream property abroad, and why Equals Money should be your go-to for currency exchange services.

About Equals Money

Understanding the overseas mortgage market

Before diving into the mechanics of obtaining an overseas mortgage, it’s important to have a clear picture of the market. Every country has its own rules regarding property purchases by non-residents, which can affect everything from your eligibility for a mortgage to the amount you can borrow. Research is paramount; start by identifying countries that are favourable to foreign buyers, and what kind of mortgage deals are available to you as a UK resident.

Navigating foreign mortgage applications

The application process for a mortgage overseas typically involves a considerable amount of paperwork and legal scrutiny. You’ll likely need to provide proof of income, credit history, and identity, along with specifics about the property you intend to purchase. Moreover, dealing with foreign banks means you’ll have to be ready for potential language barriers and differences in legal systems.

Interest rates and repayments

Interest rates and repayment terms can vary significantly from country to country. For instance, while UK mortgage rates may be familiar to you, European banks might offer different types of rates that could be more beneficial in the long run. It’s critical to compare these before deciding on a mortgage product.

The role of foreign exchange rates

One aspect of overseas property purchase that is often overlooked is the role of foreign exchange rates. Currency fluctuations can dramatically affect the cost of your property and mortgage repayments. It's here that Equals Money can become an indispensable part of your property-buying toolkit.

Why choose Equals Money for your FX needs?

When buying property abroad, you will need to transfer large sums of money across borders. This is where Equals Money comes in, offering competitive exchange rates and expert guidance, which can make a significant difference in the overall cost of your property in your native currency.

Seamless international transfers

Equals Money's international transfer service is designed to make currency exchange as seamless as possible. With the ability to lock in exchange rates, you can protect yourself against market volatility and ensure that you know exactly how much you’ll be paying for your property in GBP, regardless of market fluctuations.

Expert guidance

Understanding FX can be daunting. Equals Money provides expert guidance to navigate the complexities of currency exchange. Their specialists can help you understand when best to make a transfer and any potential financial implications, allowing you to make informed decisions.

Faster settlements

Equals Money offers same-day and next-working-day transfers for their international payments, allowing you to make cross-border payments with peace of mind, knowing they'll reach their destination promptly and securely.

The benefits of a strategic approach to FX

By taking a strategic approach to foreign exchange with Equals Money, you can make the most out of each transfer or payment. Instead of being at the mercy of the currency market, you can:

  • Plan ahead: Forecast your future payments and lock in rates with payment options such as forward contracts.*
  • Save money: Benefit from exchange rates more competitive than those offered by traditional providers such as banks.
  • Reduce stress: Avoid last-minute rushes and the stress of volatile markets, knowing how much a purchase will cost you in your native currency and allowing you to budget moire effectively.


Purchasing an overseas property is an exciting venture, and getting a mortgage for it doesn't have to be a daunting task. With careful planning, the right information, and the expertise of Equals Money's FX services, you can navigate the international waters of property investment with confidence.

Ready to make your dream property a reality? Start your journey with Equals Money and experience a world of difference in your foreign currency transactions.

Investing in international property is not only about choosing the right property but also about managing your finances smartly. Equals Money empowers you to make informed financial decisions when it comes to currency exchange, so you can focus on making your overseas property dreams come true.

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*Equals Money can only offer forward contracts to facilitate payments for goods and services.

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