Multicurrency Mortgages
The potential to reduce the size of your mortgage by switching between foreign currencies
Designed for financially sophisticated clients who want their debt managed as actively as their investments, our multicurrency mortgages can be switched between major foreign currencies with the dual objectives of reducing your debt and minimising your interest payments.
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Benefits |
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Available currencies include sterling, US dollars, Swiss francs, euros, and Japanese yen.
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Multicurrency mortgages can be secured against a range of assets including residential and commercial property.
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We also offer mortgages in single foreign currencies secured against properties or second homes in select European locations
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Interest is charged at an agreed margin above the relevant currency’s LIBOR
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Mortgages available from £1,000,000
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Available to high income and high net worth individuals
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Potentially reduce the size of your loan and make interest rate savings
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Tax efficient borrowing: the benefits of any loan reduction may be tax free for private individuals borrowing against their main residence
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Individuals with currency trading experience may wish to manage switches themselves, otherwise the UK’s leading debt manager - the ECU Group plc - can be appointed to switch currencies on the client’s behalf.
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We are specialists in providing mortgages on high value residences (either homes or investment properties) | | |
Your home may be repossessed if you do not keep up repayments on your mortgage. Changes in exchange rates may increase the sterling equivalent of your debt.
