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Mortgage in DK
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GGH
9/26/2014 06:29 EST

Hi,

I'm looking at buying a place in Copenhagen, I just would like someone to advise regarding mortgages.

If I took out a mortgage, do they have rules regarding repayments if I later move abroad? I am planning to stay here, with the flat as my prime residence, but I'd like to know what happens if for example my work situation changes (i.e. will I have to repay the entire loan).

Thanks,

G

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00abuse

Quickbooks
10/14/2014 13:04 EST

Contact a lawyer, but I am pretty sure the rules are that if you cease to be a resident, you are required to sell the house. They have these laws to prevent wealthy Germans from buying up homes for vacation properties.

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00abuse

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