Mortgage & Property Advice Centre for First Time Home Buyers

Buying Property Abroad

Researching your Property Abroad

It is absolutely imperative that you do your homework before buying a property abroad. Laws vary enormously between countries. In some countries there may be title disputes on land and in others a new owner can unwittingly take on debts attached to a property.

It might also be the case that you need to seek permission from the government of the country before buying a property. Taxes, home-buying and legal fees also vary.

If you need an overseas mortgage, different levels of deposit are required in different countries and some won't lend at all to overseas investors. Especially where you do not speak the language, it is absolutely imperative to seek professional and independent advice.

Remember also to factor the cost of this into your budget.
 
More information on buying property abroad:

Why buy a property abroad? l Points to Consider when buying a property abroad l How to finance your property abroad – various options and likely costs l Building a property abroad l General tips for buying a property abroad l Buying a property abroad with friends l Choosing your new property l Could buying a property abroad secure your future l Insuring your property abroad l Buying property abroad as an investment l Living permanently in your property abroad l Maintaining your property l Property abroad - don't stop at Europe l Property abroad - FAQs l Renting your property abroad l Tax and your property abroad l The responsibilities of owning a property abroad l The true costs of an overseas property l Viewing your property abroad l Legal considerations when buying a property abroad


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Is owning your own home still the be-all and end-a

Is it better to own your home rather than to rent?

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Is buying your first home more about making money than investing in your long term future?

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Do you worry about buying your first home and its value dropping?

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Could the government do more to help first time buyers?

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Do you think you are doing everything you can to get a decent deposit together?

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