Afternoon all
Any advice on my situation would be much appreciated and if anyone is a specialist in the subject please feel free to contact me...
My Slovak wife was left a property after a family member passed away, the house is free from mortgage and all signed over to my wife. We currently live in the UK but would like to renovate this house and convert into a few small business' as well as living there.
My question is, would we be able to gain a mortgage in Slovakia, with which we can use the money to rebuild the property . ? I have been told it should be easier to get a mortgage as the house is in my Slovak wife's name and all paid for . Would taking out a mortgage on the property allow us the cash to rebuild it ?
Thanks again for any advice you can give !
Mike B