Independent and Innovative solutions to all of your mortgage requirements
*Not all mortgage contracts are regulated by the Financial Services Authority. Think carefully before securing other debts against your home. Your home may be repossessed, if you do not keep up repayments on your mortgage. **Lifetime Mortgages - This is a lifetime mortgage. To understand the features and risks, ask for personalised illustration.
Mortgage Concepts Associates Ltd. Registered office, 66 Spring Cross, New Ash Green, Longfield, Kent DA3 8QQ. Registered in England & Wales no 05694058. Mortgage Concepts Associates Limited is an appointed representative of Valid Path Limited which is authorised and regulated by the Financial Services Authority.
Foreign Currency Mortgages
Borrowing in a foreign currency, that has a lower interest rate than sterling is an attractive proposition and offers the possibility of a combination of sizeable reductions in monthly payments and if the chosen currency weakens against the value of sterling, the value of the mortgage debt will be reduced as well.
Very few people know that it is possible to obtain a foreign currency mortgage for a UK residential home.
Through our association with the ECU Group, the UK's longest established and largest currency debt management firm, these risks are kept to minimum by constant monitoring of the loan and seeking to maintain the debt in currencies that are expected to weaken against sterling for a fee.
As with any benefit that looks too good, there are also associated risks involved and you should understand these before proceeding.