Do banks lend to pensioners? I would like to use equity in my apartment to loan money to buy another apartment.

Redshoes

Frequent Poster
Messages
48
Hello I own an apartment with no mortgage. Can I use it as security to lend money to buy another apartment abroad? I would like the loan to be paid off at the time of my death, with the balance on the sale apartment of the going to my children, after paying back the loan plus interest. I'm retired and receive a regular state and private pension.
 

Bronte

Frequent Poster
Messages
13,640
Very doubtful an Irish bank would do this. Why do you want to buy abroad?
 
Top