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There are basically two types of property purchasers - those who can pay cash and those who need to borrow!
Traditionally most UK purchasers of Barbados property have been cash buyers, and this is really all that the Bajan real estate companies are geared up for. An increasing proportion of UK buyers, however, are looking to raise finance to fund their dream home. If you aren’t in the fortunate position of having the cash in the bank, then we’re here to help and there are a number of options available.
The usual choice is pretty simple: You can arrange mortgage finance on your Barbados property in the form of an offshore $US mortgage or you can use the equity in your UK home in the form of a remortgage.
We provide access to sound trustworthy advice on each of these options. In Barbados we have partnered with the leading provider of independent advice on offshore mortgages. Back home we will introduce you to an award-winning firm of Independent Financial Advisers, providing face to face advice across the UK.
Until the Chancellor of the Exchequer’s pre-Budget announcement at the start of December 2005, the financial services market in the UK was getting very excited about residential property purchase via pensions....read more
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