Currency Mortgages
With currency mortgages the cornerstone of our philosophy is that a pound is a pound whether it has a plus or minus sign in front of it and that it should be professionally and skilfully managed whether it is an investment or a debt
The three main benefits of a managed multi-currency mortgage are:
- Debt Reduction - This is achieved by switching your mortgage
between foreign currencies which weaken against sterling.
- Interest Rate Savings - This is achieved through borrowing
in one or more low-interest rate currencies.
- Tax Efficiency - For private individuals borrowing against their main residence the benefits of the programme are currently tax efficient
Find out how much you could have saved based on past performance of our managed multi-currency mortgage product.
Enter your mortgage amount in the box below:
However with these potential benefits come risks, and foreign currency loans should not be considered by anyone who is unable to afford the financial implications of a permanent increase in their loan and the resulting higher sterling interest rate payments.
To get a currency mortgage quote please fill out the form to the right or alternatively call us now on 020 7519 4900. Alternatively email: enquire@millionmortgage.co.uk
