Thailand Mortgages Guide
Mortgages in South East Asia and more specifically, Thailand, have become more and more difficult to secure, with the current global credit squeeze.
Some New Development projects have taken to offering preferrential payment terms and financing options for purchasing property in Thailand.
Banks in Thailand now are able to offer a wide variety of services to foreign investors and people looking to buy property overseas, and there are now some of the major banks, like Bangkok bang offering foreigners up to 70% over 10 years for property purchase. However, currently you can expect to obtain no more than 50% finance as a general rule, with some well-known developments offering up to 70% finance. Loans can also be secured from some large international banks, like HSBC.