| Barclays and ABSA has launched a new mortgage | | | | Africa. |
| product that will allow UK citizens to buy property | | | | Barclays international mortgages will introduce you |
| overseas and non-UK citizens to buy property in | | | | to experts who will give you the necessary |
| the United Kingdom. | | | | advice on tax implications, exchange control |
| ABSA is the largest mortgage provider is South | | | | regulation, legal contracting across borders, credit |
| Africa. Together with Barclays the make the | | | | lending policies and economic outlook on interest |
| perfect team in providing expert mortgage advice | | | | rates and exchange rates. |
| and offer the best mortgage products for | | | | For international investors, whether they decide to |
| Barclays and ABSA costumers. | | | | buy a home in South Africa, a holiday home or |
| There are some aspects that affects the | | | | just invest, will be given the necessary expert |
| mortgage applicants like the foreign exchange | | | | advice and guidance from ABSA international |
| control rate when they decide to purchase a | | | | mortgage. They will also be given tools, designed |
| property in a foreign country. For example, if a | | | | and developed to best meet their needs. |
| UK resident wants to purchase a property in a | | | | South African residents who wish to purchase a |
| foreign country, they can only do so if Barclays | | | | home in the UK or any other territory where |
| or ABSA is present in that specific country. They | | | | Barclays is present will be assured to be assisted |
| will also need to comply with the exchange control | | | | by a reputable financial institute that has an |
| rulings which states how much money you are | | | | established pedigree in financing international |
| allowed to take abroad. UK residents or any other | | | | purchases. |
| resident, where Barclays is present can qualify for | | | | Barclays and ABSA joined together are now your |
| loans up to 50% of the total loan value in South | | | | perfect solution for to international mortgages. |