Financing your property purchase in St Lucia and the Caribbean must be a priority when deciding to buy a property for sale as an investment. Whether you are paying for your property in cash or taking out a mortgage we can advise you on the pros and cons of the various options. You will need to consider questions like:

	Do I choose a US mortgage or a UK mortgage or another mortgage mechanism?
	Do I pay a 25% deposit, a 30% deposit or more? What are the implications?
	What are 'closing costs' or 'completion costs' and how much are they likely to be?
	Will the income from letting my property pay for the mortgage?
	How do I open a local bank account through which to pay my bills?

We will guide you through all stages of organising your mortgage and finance.

'I haven't got upwards of £55000 in my bank account for a deposit'
Not many people do - but what you can do is to look for other ways to raise the money, a very common practice in this age of multiple home ownership. One common method is to release capital tied up in your own house, which may well have appreciated since you first took out your mortgage. By increasing the mortgage on your own house you can release the capital needed for the deposit on a second home.

Another option is to buy the property with another friend or family, sharing the cost of the deposit. A benefit of using this method is that you will have the capital gains allowance for each person available when you eventually sell the property. Whichever method you choose, it is important that you don't overstretch yourself financially and consider the process carefully. Many people can make it happen with a little imagination.