Holiday home > Possible residence + Mortgage info

[Country_Mouse]

Hi all,

We've just returned from another fantastic break in Lake Como. We (myself 30 and girlfriend 30) both British and currently living and working in Zurich, Switzerland. We love the place and are interested in buying a weekend retreat close to the northern end of the lake (about a 4 hour drive).

We plan to have kids so maybe throughout summer the wife to be could spend most of the time down there. Also the ability to rent the pad out could work for us.

I know nothing about the Italian buying process, would love to learn and take on some advice. We're not looking for a massive place, seen 4 so far, all between 75k-150k. I think we could raise 30k cash deposit and the our income is fairly good. Any idea of mortgages? Either a UK or Italian mortgage? I also have a UK house.....not much capital though :-(

First post, nice to meet you all, be nice :-)

Cheers

[MaidenScotland]

Only regular posters may recommend.. we do this as we would soon have the forum full of companies joining under and alias just to recommend themselves.

I am sure you understand our reasoning.. this keep the forum free of adverts etc

maiden

[SimpleJoys]

Originally Posted by MaidenScotland

Only regular posters may recommend.. we do this as we would soon have the forum full of companies joining under and alias just to recommend themselves.

I am sure you understand our reasoning.. this keep the forum free of adverts etc

maiden

Yes I do understand. Has all the text of my post been lost, because I would like to edit it and repost.
thanks
K

[SimpleJoys]

Originally Posted by Country_Mouse

Hi all,

We've just returned from another fantastic break in Lake Como. We (myself 30 and girlfriend 30) both British and currently living and working in Zurich, Switzerland. We love the place and are interested in buying a weekend retreat close to the northern end of the lake (about a 4 hour drive).

We plan to have kids so maybe throughout summer the wife to be could spend most of the time down there. Also the ability to rent the pad out could work for us.

I know nothing about the Italian buying process, would love to learn and take on some advice. We're not looking for a massive place, seen 4 so far, all between 75k-150k. I think we could raise 30k cash deposit and the our income is fairly good. Any idea of mortgages? Either a UK or Italian mortgage? I also have a UK house.....not much capital though :-(

First post, nice to meet you all, be nice :-)

Cheers

Hi
Definitely an Italian mortgage. Rates are lower and repayment periods can be longer than for UK banks.

[Country_Mouse]

Thanks very much! Have you experience in Italian mortgages? Maybe you could PM me if you're not allowed to post here.

[MaidenScotland]

Originally Posted by SimpleJoys

Yes I do understand. Has all the text of my post been lost, because I would like to edit it and repost.
thanks
K

Your post is still on the forum,

[Country_Mouse]

Originally Posted by MaidenScotland

Your post is still on the forum,

I don't see it :-(

[MaidenScotland]

Originally Posted by Country_Mouse

Thanks very much! Have you experience in Italian mortgages? Maybe you could PM me if you're not allowed to post here.

The forum is for sharing information... as long as the post is not advertising or promoting a business then the information may be allowed

[MaidenScotland]

No posts have been deleted off this thread, other than my own

Maiden

[SimpleJoys]

Originally Posted by Country_Mouse

Thanks very much! Have you experience in Italian mortgages? Maybe you could PM me if you're not allowed to post here.

Yes indeed! I have bought two properties in Italy and sold one. I've had two mortgages too! I did give some more specific info but it had to be moderated out. I just didn't have time to write everything again but will be happy to help.