Is it possible to get a U.K/Euro mortgage??

R

R.D.

Guest
Hi,
I'm hoping to buy my first house with my wife in the next few months here in Cork. Mortgage interest rates are probably going to keep increasing by the looks of things, and with less options of mortgage types (i.e. less fixed, more variable rates). This has given me thought to give my prospective business to someone else outside the country! Is it possible to a get a mortgage from a UK credit institute or even a Euro institute? And if so what are the pros/cons to doing something like this?
 
It was possible - highly unlikely now

You run currency risk in addition to interest rate risk for a Sterling mortgage - if you could get it. See Moneyfacts.co.uk
 
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