BANKING AND FINANCE
One of the greatest advantages of buying property is the ability to leverage your investment – that is, using debt to help pay for the property. Structuring your loan effectively can be just as important as a competitive interest rate.
Financial institutions regard residential property as a sound investment option and, for Asia residents buying overseas property, there are many different lending options. Banks often change their lending criteria, so you may need our help to ensure you find the most cost effective and flexible loan.
Several Asia banks offer multi-currency lending and are prepared to lend up to 70% of the value of the overseas property. If sourcing a loan from the country where you are purchasing property, the loan-to-value ratio can be up to 80% of the property’s value.
The major lending institutions all have internet banking facilities so you can login from Asia and see a complete transaction history of your account (rental and mortgage payments), transfer money bank to Asia, transfer money into your account and communicate with the bank online.
For further information on financing options and strategies, contact us and we can put you in touch with a mortgage broker or lending institution.