A foreign currency real estate loan is an excellent way for global property investors to purchase real estate because of competitive interest rates and the ability to take advantage of currency switches according to exchange rate fluctuations. The following is an overview of the benefits and features of foreign currency real estate loans:

A foreign currency real estate loan allows the loanee to switch currencies and benefit from exchange rate fluctuations. For example, if a mortgage is taken out in Singapore dollars and the Singapore dollar falls by 5% against the pound Sterling, debt is reduced by 5%.

Foreign currency real estate loans are sometimes available at low interest rates. However, due to foreign exchange rate volatility, interest rate fluctuations can be substantial, which can be to both the benefit and detriment of the international property investor. Healy Consultants will provide researched, informed independent advice on the most appropriate foreign currency real estate loan strategy.

Foreign currency real estate loans are sometimes available for longer fixed rate terms than in the investor's home country. This is beneficial because repayments are fixed, enabling more effective budgeting.

Foreign currency real estate loan repayments are made in the foreign currency. This is normally achieved by converting payments from our client's local currency into the currency of the loan. Although this is often done automatically, it leaves the loanee vulnerable to exchange rate fluctuations and bank foreign exchange charges.  

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Healy Consultants aids international property investors to obtain foreign currency real estate loans. Our capabilities in this area include: i) providing recommendations on the most suitable bank and location for the loan ii) negotiating finance terms and conditions on behalf of our client iii) preparing the real estate loan application and submitting it to the lender iv) following up on the application and providing additional information to the bank if required.