Overseas Mortgages

As the holder of an overseas mortgage, you have to send monthly sums
of foreign currency to your lender. But UK banks can be slow and
expensive when it comes to transferring these funds overseas… When
you use a high street bank commission and transfer charges can add an
extra £35 a month to your payment costs. Many local branches have staff
with little or no experience of international transfers. Their mistakes can
cause delays and cost you money. What's more, the funds may go through
several links in a chain: from local branch to destination branch.
Each link increases the chances of your funds being delayed or even
going astray.