Welcome to the Rightmove Overseas Mortgage Zone.
If you are considering financing your overseas property purchase with borrowing, you will need to get professional advice as early in the buying process as possible.
The following pages provide some generic information. As with any financial advice, it is important to talk through your needs with an industry expert.
Useful Information
Latest Rates
| Country | Debt to Income Ratio | Purchase Loan to Value Available | Remortgage Loan to Value Available | Interest Only Available |
| Australia | 50% | 70% | 70% | Yes |
| Bahamas | 45% | 70% | 70% | No |
| Canada | 50% | 70% | 70% | Yes |
| Cape Verde | 40% | 70% | N/A | No |
| Cyprus | 35% | 60% | N/A | No |
| Egypt | 40% | 85% | N/A | No |
| France | 50% | 85% | 85% | Yes |
| Greece | 40% | 65% | N/A | No |
| Hungary | 80% | 80% | N/A | No |
| Italy | 33% | 65% | 65% | No |
| Malta | 35% | 90% | 90% | No |
| Mexico | 25% | 70% | N/A | No |
| New Zealand | 50% | 70% | 70% | Yes |
| Panama | 35% | 70% | N/A | No |
| Portugal | 40% | 85% | 85% | Yes |
| Spain | 45% | 80% | 80% | Yes |
| Turkey | 50% | 90% | 75% | No |
| United Arab Emirates | 40% | 50% | 50% | No |
| USA | 50% | 70% | 60% | Yes |
Glossary of Terms
Debt to Income Ratio
This is the allowed percentage of your disposable income and must cover any debt payments you make including mortgage payments, credit cards or loans.
Purchase Loan to Value
The loan-to-value (LTV) ratio expresses the mortgage value as a percentage of either the property sale price or the property's appraisal value.
Remortgage
A remortgage is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. Remortgaging your current home can potentially free finance to go towards an overseas property.
Interest Only Mortgages
A mortgage in which the monthly repayments cover only the interest accrued on the outstanding loan amount over a specified term.
