If you need finance to purchase a property in Canada then mortgages.co.uk can help, we can put you in touch with a team of licensed credit brokers, who have over 20 years experience in the field. Depending on your circumstances, you could secure a repayment mortgage, on the Canadian property you wish to buy.
Based on the valuation or purchase price (whichever is lower), you can borrow up to 75% (including fees) of the value of your property in Canada, for the purpose of purchases (or re-mortgages for home improvements). Mortgages for any other purpose, or commercial loans will be dealt with on a case by case basis.
Current mortgage rates and terms:
|
The example below, demonstrates a repayment mortgage in Canadian Dollars. The cost of a mortgage protection plan has not been included.
Repayment mortgage of £ 50,000 over a period of 25 years at an Variable interest rate of 4.25% = £ 270.86 capital & interest per month = A total approx amount payable over a term of; £81,258 including capital and interest. Legal, arrangement and survey fees are additional costs. The income criteria is variable Bank Reference and Employers or Accountants reference if self-employed Existing borrowing in the UK and Overseas will be taken into account All enquiries will be dealt with on a case by case basis & are subject to satisfactory credit status & valuation |
Written quotations are available on request.
| mortgages news |
|---|
| Brown says govt will help to pay mortgages - Thu, 04 Dec 2008 |
| Mortgage lenders fail to pass on rate cut, research finds - Thu, 04 Dec 2008 |
| Interest-only mortgages less popular, figures show - Thu, 04 Dec 2008 |
| More News |