Mortgages in Italy from British Banks

Summary: Britons prefer British banks for mortgages in Italy because the property buying process is complex without their skills

There is one respected British banking institution based in Italy that can offer UK buyers an exceptionally good range of mortgages to buy Italian property and in this article we’ll be looking at mortgages in Italy from British banks, how competitive they are and how you can secure a mortgage to buy your ideal property in Italy.

As stated there is one British bank in Italy offering a wide range of good mortgage products specifically to UK buyers seeking a new Italian home, the bank in question is Barclays and they not only lend on Italian real estate, they offer British buyers and those relocating to live in Italy a wide range of additional financial and relocation support related services.

At the time of writing this article Barclays Bank is the only British bank in Italy, they have actually been active and operational there for 15 years and already have over 15 branches in place across the country.  They are seeking to expand their presence in line with an increase in demand that is apparent among Brits seeking mortgages in Italy from British banks.

If you’re looking for a mortgage to buy property in Italy simply click here to complete Barclays’ short enquiry form and they’ll contact you and chat through your options or send you all sorts of useful information about buying property in Italy.

The fact that many British buyers in Italy are using Barclays’ services has nothing to do with Britons being too shy to approach an Italian bank for a mortgage for example! – rather they find it far and away easier to speak to English speaking Italian staff who understand fully the Italian system and who can guide and advise them through it. 

Basically, because the process to buy property in Italy is dogged with red tape and made even more complex when a mortgage is required to buy the real estate in question, most Britons feel more comfortable having someone who speaks English, understands the British requirements in general and yet who knows the Italian system inside out assisting them to apply for their mortgage.

British buyers can take direct confidence in the fact that if they are dealing with Barclays for their mortgage they will have everything explained to them in English and related to them in terms relevant or related to the British mortgage and property buying systems – thus making it even simpler to navigate the whole process in Italy. 

Additionally it is far less likely that a British buyer using a British bank in Italy will suffer their lender making mistakes in terms of their mortgage process because the bank’s Italian staff naturally understand how the Italian mortgage and property buying processes work fully, and will make sure all the relevant boxes are ticked, forms filled and applications submitted in a timely and proper manner.

If you want to know how much you can borrow, the terms you need to abide by, the loan to value rate in Italy and you want to get your hands on the wealth of information Barclays has about relocating to live, work or even retire in Italy just click here, fill in their contact form and wait for a Barclays member of staff to call you and chat through your questions about buying and owning property in Italy.

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