overseas property buyers lounge

we are considering buying a park home on a site in lincolnshire and wondering what kind of loan we can get and from whom.Has anyone got a loan and what kind of repayments could we expect on about 80k?We are looking for interest only short term as we have an overseas property currently on the market,so would use that money to pay it off when it sells.

I am looking to buy land overseas but the countries land tenure is by leasing in terms of 30 years, renewable for an equal period. I am assuming this means that I would never be the landowner and that there might be restrictions on what can be done with the land/building? Does this also mean the "Landowner/Government" can just kick you off the property if they receive a better offer say in 10 years time? At the moment you can buy 1 ha of agricultural land for about 15 to 20,000 Euros. After researching and looking at similar case studies/locations I feel the country will develop more in terms of tourism with the aid of foreign investment. A big resort development has already been drawn up and they are already selling villas from 62,000 Euros upwards. Do you think this is a good risk to take?????

I'm interested in buying a property in America to rent out to get my foot on the property ladder out there, with a view to later relocating to the US in a few years' time. I'm an American (dual citizen) living in the UK, but am unsure whether it would be better to borrow money from a mortgage lender here in the UK (which would probably be easier, but the interest rates are high), or go with a mortgage lender in the US (where interest rates are frozen for the next 5 years, but I would have to deal with sending money overseas every month if it isn't rented year round). Does anyone have any experience with this? And what kind of deposit is usually needed on say a $200,000 mortgage? Thanks in advance for your help! Thanks for all of your helpful advice. I realize that the housing market is still falling, but I feel this is the best time to invest in property in the US (because of the excellent exchange rate & the low prices on houses), before the market is due to recover in the next few years. I do have an SS# (as I am originally from the US) & my credit rating should be good, since I have always paid my debts in full & on time. The area that I am looking closely at is Florida, mostly because it is touristy & the rental potential is there. I would prefer to relocate to the Gulf Coast (when I actually do make the move back), but from what I'm hearing, this area does not have the best rental potential & have been told that Orlando (especially the resorts) is better from an investment point of view. Though, as Tony stated, as it is a touristy area, it might not be a buyer's market. Any info would be appreciated. I really just want to get on the property ladder & will worry about relocation later