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I am in the process of completing a new mortgage application to an overseas bank for a property abroad.

What information can the foreign bank access with regards to my current account ,savings ,and share assets I hold in the UK?

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chelsey, I have moved your thread to the mortgage forum, I think you might attract more attention there.

 

You need do nothing, it is purely an administrative move.

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Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

 

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Will you be applying for the overseas mortgage using details of income etc, from the UK ?

 

Are you using a bank or mortgage provider that has a branch in the UK ?

 

You are aware that Overseas Mortgages are not regulated under the Financial Services & Markets Act 2000. ?

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Have we helped you ...?         Please Donate button to the Consumer Action Group

 

Uploading documents to CAG ** Instructions **

 

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

 

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

 

 

BCOBS

 

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

 

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

 

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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Yes I am re-applying for an existing mortgage I have, using income earned in the UK...I am currently filling out a statement for assets and liabilities, all of which are UK based..

The bank is Alpha Bank a Greek based bank.

I am wary of implicating myself with information, that come default, could be used by the bank to grab any UK based assets. So ,in essence, am trying to ascertain what information ,they can access on my UK based finances.

Any information would be gratefully received thanks.

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