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Refinancing UK property from Thailand to release equity

Discussion forum for expats moving to or living in Thailand.

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Refinancing UK property from Thailand to release equity

Post Posted: Sun Jan 15, 2006 10:09 pm

I have been married to a thai lady for the last 6 years and we are very interested in purchasing a small hotel / guesthouse in thailand and then emigrating to thailand to run it, however to finance any purchase we want to release the equity we have in the 2 houses we own in the UK, is it possible to refinance these properties or more specifically, can we refinance the available equity we have in these 2 properties from thailand?

I have no problem at all in doing everthing under my wifes name as she is alowed to own land and property in thailand.

Any help or information you can give me would be most appreciated.

Thank you for your time.

STUART

 

lup3nlup3n
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Re: Refinancing UK property from Thailand to release equity

Post Posted: Wed Feb 22, 2006 4:53 pm

Hello Stuart,
I live in Spain and have just refinanced one of my houses in the UK from Spain, the only problem I had was to sign the paperwork, but getting from Spain to the UK is very cheep on the low cost airlines. If I were you I would do all the Financing from the UK then buy in Thailnd, that would help you the most.

Good Luck in whatever you do

David SR


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Countryboy
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Re: Refinancing UK property from Thailand to release equity

Post Posted: Wed Feb 22, 2006 5:00 pm

Spot on,
Yes you will at some stage need to return to the uk to sign papers etc. Do it before you go,
However, would I be right in thinking that maybe you do not want to re-mortgage yet, but go safe in the knowledge that you will be able to, if you need?

 

researcher
Frequent Poster
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Re: Refinancing UK property from Thailand to release equity

Post Posted: Sun Jun 11, 2006 9:37 pm

Stuart if it is not too late, I have helped a couple of my clients re-finance on property in the UK whilst based here in Thailand. Let me know if you need more information.


_________________

Mitch Malone\r\nManaging Director\r\nFirst Choice Group Holdings\r\n"Living In Thailand" Newsletter\r\nwww.1st-choice-homes.com

 

kmm290859
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Re: Refinancing UK property from Thailand to release equity

Post Posted: Wed Jun 28, 2006 3:00 pm

Hi Mitch,
Does that only apply to UK..............i am in oz !

 

HappyD
Regular Poster
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