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International mortgage broker for overseas and foreign currency mortgages

International Mortgages

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This is a unique service offered to any firm or individual seeking to fund a commercial enterprise in France.

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Mortgages in Turkey

Mortgages in Turkey

International Buyers Guide for property in Turkey

TURKEY : STILL MORE DELIGHT TO COME

Turkey Expected To Lower Interest Rate

Turkish homes may be 7% cheaper if the Turkish Lira drops in value following an expected lowering of interest rate in Turkey. As we near the end of 2009 many economists reckon that the rate of borrowing will soon decrease.

Already Turkey is enjoying a surge in tourist trade fuelled by Britons deserting Euroland for Turkey to holiday in. Sterling after a battering against the Euro, finds more favourable exchange conditions against the Turkish Lira.

The influx of British holiday makers have caused a surge in Buy to Let rentals in Turkey and should the Turkish Lira fall further, time to invest in the Turkish property market,  may never be as good as now.

Currency World's major currencies: US Dollars, Sterling Pound, Swiss Franc, Euro, Yen, Canadian Dollar, New Zealand Dollar, Hong Kong Dollar and Singapore Dollar also available but conditions apply.

Mortgage type

Capital Repayment and Interest Only

Maximum Loan Amount Up to 75%* Loan to Value
Minimum Purchase Price Not Applicable
Minimum Loan Amount €25,000
Minimum Interest Rate From 4.45%
Valuation Arranged by lender
Term Up to 20 Years or up to 70 years of age, whichever is earlier
Payment Method Monthly or Quarterly depending on lender
Insurance For client's account
Security First legal charge of mortgage over the property
Purpose of Loan Residential property. Purchase off-plan, re-sale, re-mortgage and equity release
Lending Area
Credit Assessment Clean credit report from credit office
Applicants Non residents
Status of Property Investment Property. Buy to Let, Residential
Type of Rate Fixed, Variable

*subject to valuation or purchase price, whichever in the lesser.

 

 

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