Helo all.

My wife and I wish to buy a house in Thailand on a mortgage.

I know that as she is working in the uk she can get a mortgage but I was wondering what is the minimum deposit normally required in Thailand for a mortgage.

We are looking for something in the region of 1.5 million baht.

Any advice on this matter would be greatly appreciated. Thanks...slippery

How about we move this over to the Real Estate forum?

Topic Moved.

You and your wife are resident and working in the UK ?....if so...would not hold your breath getting a mortgage through a Thai bank.

If in the UK, would be better taking a personal loan for the amount and buying and paying the UK bank back

Thanks for your reply....

We can also get a Thai mortgage in my wifes mothers name if needs be...just testing the water as trying to find out how much deposit would be required on, say a 1.5 million baht property

Thanks

Be realistic, a Thai bank is not going to lender your wife anything while she is living in the UK.

Thanks for your reply....

We can also get a Thai mortgage in my wifes mothers name if needs be...just testing the water as trying to find out how much deposit would be required on, say a 1.5 million baht property

Thanks

It varies bank to bank, but 20% would be minimum

You wife's mother would also need to be working and qualify for the mortgage as well.

As others have said, the easiest way would be to finance in the UK (interest is likely to be lower too). Can you refinance your mortgage in UK or take our a Home Equity loan?

If so, take an extra 1.5 million thb and then transfer over to Thailand to buy the house.