Reply to this topic

Mortgage in Sweden for buying a house with UK loan

Does loan in UK affect mortgage in Sweden?

globetrotter
post 17.Apr.2018, 12:31 PM
Post #1
Joined: 16.Apr.2018

Hello!

My wife an I are moving to Sweden in May form the UK. I am living in the UK for over 8 years and working here for just over 7 years now. My wife has been living here for couple of years.

We are thinking of buying house in Sweden as soon as we realistically can. However, I am aware that I need to live in Sweden and pay tax for around 2 years to get a good mortgage deal. I currently have a big loan in the UK. The plan is while we wait for the credit history to build up in Sweden we will have repaid just under half of the loan, the rest of the amount will be still outstanding (and getting repaid) by the time we have built up enough credit history to apply for mortgage.

The question is - if I have a loan in Sweden the amount of mortgage I can avail will be affected. Similarly, does having a loan in the UK affect the amount of mortgage I can get?
Go to the top of the page
+

Reply to this topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members: