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Updated about 2 years ago, 10/17/2022
Loan Options for American Looking to buy in England
Looking for creative financing for an international purchase. Has anyone every worked with an ex-pat trying to buy in England? Foreign banks will lend with a 25% down payment. After doing research it's a very high barrier to entry with traditional lending. There's other upfront costs including stamp duty, 2nd home tax, foreigner purchase tax (solicitor, tax professional, currency broker etc) and then of course the exchange rate. Looking to buy a vacation home and spend part of the year there then short term (or mid term let) in between. Anyone have any insight or contacts who can help at a lower barrier to entry?