Multi-Currency Mortgages - Exchange Rate Risks
When borrowing in a currency not aligned to the
security currency, borrowers are exposed to exchange
rate risks, which may result in losses and /
or increases in liability due to adverse movements
in exchange rates. In addition, movements in exchange
rates may result in the borrower being required
to provide additional security or make additional
payments to the loan at short notice. Potential
borrowers should consider both the risks and benefits
in foreign currencies before entering into a loan
contract.
Please contact us for full details of the implications of multi-currency mortgages. Interest rates are subject to review at all times but will reflect the Cost of Funds rate for the borrowed currency.
Your investment property is at risk if you do not keep up the repayments on the loan.
* Rates and mortgage packages will vary depending
on the country and products available.

