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Is it Possible to get a mortgage to buy a flat abroad?

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  • 07-03-2014 4:57pm
    #1
    Atena30
    Registered Users Posts: 1 ✭


    Hi,

    I am orginally from Poland but I have been living and working in Ireland for 8 years.

    My mum owns a flat there, in an area which has become very expensive. We would like to sell it and buy a flat in a cheaper area. The trouble is that to do that, you need to buy a flat first, and then you can move out and sell your old flat.

    I would like to get a mortgage of €45000 while we expect to get 55-65000 from the sale of the flat. Would it be possible for me to get a mortgage?


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    #2
    Bank of Ireland: Tara
    Closed Accounts Posts: 2,346 ✭✭✭Bank of Ireland: Tara


    Hi Atena30,

    Thanks for your post and welcome to boards.

    We are very much open for Mortgage Business and all applications are dealt with on a case by case basis with a range of factors taken into account. Unfortunately, we would be unable to advise you here if you are eligible for a mortgage. We would suggest contacting our Mortgage Team who will be more than happy to go through any questions you may have. To request a call from a Mortgage Advisor, please see here.

    Thanks and have a nice weekend,
    Tara


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