Mortgages

A mortgage is a loan you take out to buy a property.  They are available from most banks and building societies. There are excellent sources of information and advice available which will guide you when buying your own home.

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Cross-border mortgages

Source: Your Europe – Cross-border mortgages, credit and loans

A bank will make a commercial decision on whether or not to accept your mortgage application, on the basis of the risk profile of the proposed loan.

Banks may not discriminate against any EU citizens on grounds of nationality. However, your country of residence or the location of the property to be mortgaged can often make it difficult to obtain a mortgage.

Banks frequently refuse to grant mortgages for properties located in another country, or to people whose source of income or place of residence is not in the country where the bank is established.  Many banks see this as an unacceptable risk in case of default on loan repayments.

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Page last checked: January 2016

This webpage is for general information purposes only and while we endeavour to keep it up-to-date, errors may occur.  It is very important that you check with the relevant body to ensure the information is current and is applicable to your situation.

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