- There were 51,193 Mortgage Approvals in September totalling £7.25 Billion
- The current Bank of England base rate is set at 0.50%
- The Average UK House Price for Quarter 3, 2011 was £166,596.70
- UK House Prices fell by -0.452% in Quarter 3, 2011
Foreign Currency Mortgages
What is a Foreign Currency Mortgage?
Foreign currency mortgages were launched in the UK at the time of
the UK’s short lived entry to the Exchange Rate Mechanism. The
argument for anyone borrowing in a foreign currency is not a good
one. The history of sterling in the 21st century has been one of
gradual decline in value against most other major currencies. If
this trend continues over the life of the mortgage then the capital
debt can increase significantly.
Changes in the exchange rate may increase the sterling equivalent of your debt.
Monthly Amount
Monthly Payments
Total Interest Payable
100% Mortgages -
Base Rate Tracker Mortgages -
Bridging Mortgages -
Buy To Let Mortgages -
Cap & Collar Mortgages
Capped Rate Mortgages -
Cash Back Mortgages -
Deferred Interest Mortgages -
Discount Rate Mortgages -
Lifetime Mortgages
First Time Buyer Mortgages -
Fixed Rate Mortgages -
Flexible Mortgages -
Foreign Currency Mortgages -
Home Reversion Scheme
Let to Buy Mortgages -
Libor Mortgages -
Low Set Up Cost Mortgages -
Low Start Mortgages -
Negative Equity Mortgages
Self Build Mortgages -
Shared Equity Mortgages -
Shared Ownership Mortgages