Peachplum

Can anyone advise on government hospitals in Bangkok who you would recommend for hip replacement surgery and what the approximate cost would be. I know the private hospitals charge 400-600 thousand but wondering if that is worth it, and whether or not a government hospital would do just as good a job. Thanks 

13 hours ago, baansgr said:

With loan interest rates at 9% in Thailand and very hefty up front insurance premiums, interest alone would be madness and not even covered by rental income.... That's if you could even obtain a loan which without income from hubby,  and tax payments is most unlikely 

What do you mean without income? Both of us earn a good salary and we both pay tax.

13 hours ago, baansgr said:

With loan interest rates at 9% in Thailand and very hefty up front insurance premiums, interest alone would be madness and not even covered by rental income.... That's if you could even obtain a loan which without income from hubby,  and tax payments is most unlikely 

We have been quoted 6%.

On 7/21/2018 at 2:23 PM, sometimewoodworker said:

While it may be possible it is not sensible. You will have the foreign exchange risk which is a complete gamble. Not to mention how are you going to get a 9million Baht unsecured loan at any reasonable interest rate, you then have the interesting job of trying to find a way to transfer that much out of Thailand. 

It would not be an unsecured loan. We have a lot of assets in Thailand and my husband has a good income.

I have been trying to buy a property in the UK using an international mortgage broker and have faced lots of obstacles. The most recent being that I do not have a UK bank account and getting one offshore requires a minimum balance and/or annual income that I don't have.

What I am now wondering is whether or not it is possible to use a loan (not a mortgage) from a Thai bank to buy a property in cash in the UK. 

The loan would be in my husband's name in Thailand (he is Thai) and the property in the UK would be in my name. It would be a transfer of about 9 million baht. Can you transfer that amount of money? Is that legal? Any advice?