News Hong Kong Property & Finance

AUD Financing

ORIGINAL POST
Posted by novaflux 17 yrs ago
Hiya all

Was wondering if you seasoned property players can give me some advice on refinancing. DO you know which banks give better offshore financing and can do multi-ccy ?


Any suggestions appreciated...

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COMMENTS
las 17 yrs ago
We have had excellent service from Lloyds TSB in Hong Kong. Website www.lloydstsb.com.hk. Mortgaged a property in New Zealand to purchase a holiday home in Thailand and repaying in Hong Kong dollars.

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qpzmgh 17 yrs ago


Yes Lloyds TSB probably best for this i think RBS also.


BUT mutli currency mortgage should only be your adopted approach on re-financing if you are happy to take on the risk of currency speculation.

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novaflux 17 yrs ago
ahh thanks a lot for your head's up

will look at both. Yes I intend to finance in either HKD or SGD as the interest is lower and i am not that highly geared so FX fluctutations should be ok for me. cheers!

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beachball 17 yrs ago
"as the interest is lower" - this is unlikely to be the case due to expected currency appreciation/depreciation.

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