Buying a house aboard, can seem intimidating, especially when you don’t speak Portuguese, and you are faced with several different mortgage deals. Here are the main mortgage options: |
PURCHASE
If you are buying a home in Portugal you need to know all of the options that are available to you. Are you buying it to live in or as an investment? Do you want an interest only option? How long a term is available to you?
With so many variables you owe it to yourself to discuss all of your options with one of our experienced advisors.
RENOVATION /
HOME IMPROVEMENT
Whether renovating an old ruin or just bringing an older property up to date, it can be a daunting task without having to search for the ideal way to finance the work.
Let us take the hassle away from you. Allow us to find the best possible solution, and take the strain out of financing your property upgrade.
MOVING HOUSE
Do you want to move house? Have you found the house of your dreams but still not able to sell your existing home? We have schemes available whereby you will be able to buy your new home, deferring the mortgage repayments, so you can maintain the payments on your current mortgage. |
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BUILDING
Traditionally if you wanted to buy a plot and build on it, you had to have funds available to buy the plot outright and be able to bear some of the costs of building also. Now some of the lenders are taking a more liberal view and are able to fund in most cases, up to 40% of the land price and 60% of the building costs thus making a self build project easier for many people.
Why not to challenge us to find the best way for you to fund your build? With our help the plot of land you’ve found with stunning views could become your dream home after all.
REMORTGAGING
Allow some of the equity tied up in your home be released to allow you to enjoy life to the full or even to invest in a second home. There are restrictions with this option, however it can be a very straight forward way to raise capital, for any purpose.
MORTGAGE TRANSFER
If you already have a mortgage you can still speak to us. Money Mais can renegotiate your mortgage and arrange to transfer (at no cost to you) to the bank that offers the best deal. With this option, you can make significant saving on your current and future mortgage repayments.
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