UK Landlord Forum / Life

Then head for Europe, according to financial advisers Blevins Franks. The report is really aimed at UK buyers of overseas properties, recommending Euro-currency mortgages for tax advantages, stability offered by the European Central Banks and far more attractive interest rates.

I wonder - though - whether it's possible to take out a Euro-loan for a UK property?

The answer:

Yep, it has been possible for quite a while. Search on google for "foreign currency mortgage".

It's not exactly advisable though, as you are taking the foreign exchange risk as well. For example, if you had got a Yen mortgage 6 months ago you would now be looking at a 10% bigger debt to repay than you originally had.