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Old 29-10-2007, 12:04 AM
Daydreamjay Daydreamjay is offline
Junior Member
 
Join Date: Oct 2007
Posts: 4
Default Foreign Mortgages?

Hi Group, my first post here!

I am actively looking for a property to buy abroad in the region of £50,000, half of which would be a cash deposit, the other half mortgaged.

I need to know how foreign mortgage lenders vet you, do they use the normal UK credit reference agencies such as Equifax and Experion? The reason I ask is that my credit score is not very good and even though I have credit cards and also a current mortgage etc, I am most certainly sub-prime.

So my question is - will my UK credit rating affect my chances of a mortgage abroad?

Thanks,
Jay
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