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Mortgages for Property in Turkey 

 

::Mortgage For Turkey::

 

 

::OVERSEAS MORTGAGE for TURKEY NOW AVAILABLE::

17/08/2006

We have just been advised that an Overseas Mortgage for Turkey has been released TODAY.

Here is a brief overview of the scheme available and we recommend that you contact us for further details

.

BROAD OVERVIEW OF THE DETAILS AS FOLLOWS:

 

Repayment Mortgages Only.

Currently only available on the Turkish Riviera and Istanbul, including Bodrum, Mugla, Kusadasi, Datca, Didim, Antalya and Fethiye, other areas would be considered on a case by case basis to a maximum of 60 to 70 % loan to value.

 

Minimum Loan 40,000 EUROS / Maximum Loan 200,000 EUROS

Maximum Loan to Value 80% of the Property Value (see acceptable areas above)

Based on Affordability after financial commitments removed from net salary (max 2 joint)

Repayment terms from 5 to 20 years

Minimum age at application is 24 years with a maximum age 0f 75 years upon completion

Maximum number of applicants is 2 per property/ mortgage

 

Updated Current rates as of 05/09/2006 are:

 1 year Fixed rate in EURO= 5.90% or £ Sterling Rate 1 year Fixed= 6.90%

 3 year Fixed rate in EURO= 6.30% or £ Sterling Rate 3 year Fixed= 7.30%

 5 year Fixed rate in EURO= 6.60% or £ Sterling Rate 5 year Fixed= 7.60%

If the property is to be rented Add 0.50% to both of these rates.

 

All cases are taken on a case by case basis & are subject to satisfactory credit status & Valuation

 

 

For further information and the overall nature of these schemes please contact us by e-mail or by telephone. 

 

Full details of contact numbers and addresses available on our 

CONTACT US PAGE button above or click here

 

::HOT OFF THE PRESS::

 

07/08/2006

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Our mortgage consultants at Advanced Mortgage Solutions have been advised that they are very close to being able to release details for the first available OVERSEAS MORTGAGES for TURKEY and hope to updated us within the following 2 weeks.

This will be great news for those considering a purchase or already owning a property in Turkey as it will increase the marketability of property in all of the regions of Turkey and will again help the continued increases in prices making purchasing a property in Turkey an even greater asset for the future.

Please register your interest in receiving direct information regarding this matter by either using our "Contact Us" page or by calling our offices and leaving your details on 01622-769550

We look forward to bringing you this breaking news as it happens!

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As part of our overall service we offer free advice on obtaining an MORTGAGE FOR TURKEY.

Our sister company Advanced Mortgage Solutions will after taking the time to asses your needs and wishes offer you the very best Fully Independent Mortgage Advice for the UK and discuss the possibilities of an Overseas Mortgage for Turkey  and if you wish to proceed will complete all of the required paperwork to raise the finance for purchase of the ideal Property in Turkey for you.

Advanced Mortgage Solutions are an independent mortgage brokers and are authorized by The Financial Services Authority for your protection and have built a reputation for first class customer care and have helped our clients to realize their dreams of owning a Turkish property of their very own.

If you are looking for an Overseas Mortgage in Turkey i am afraid there are none available to non Turkish nationals.

This is likely to change as at least two world wide banking corporations have seen the growth in the Turkish property market over the past 2 to 3 years and have recently purchased multi million pound shares in major Turkish banks and plan to offer mortgages to non nationals during the early months of 2006.

We are in touch with these companies and plan to offer them to our clients through Advanced Mortgage Solutions when they become available and we therefore recommend that you contact us to be placed on our list of interested applicants for these products so that we can keep you fully updated when they are available.

For now Advanced Mortgage Solutions will continue to offer you the best possible advice and arrange your finance from start to finish with the best High Street lenders to enable them to obtain on your behalf the most competitive rates available across the whole market to help you finance your perfect Property in Turkey.

This is generally achieved by re mortgaging your current home or investment properties in the UK and this service is offered to you FREE OF CHARGE as clients of The One Stop Turkish Property Shop. 

 

For further information simply call, e-mail or fax Advanced Mortgage Solutions for independent mortgage advice given in a friendly and professional manor by a qualified mortgage consultant.

 

Telephone 01622-688300

Fax 01622-751275

E-mail tgridley@advanced-mortgages.com

www.advanvced-mortgages.com

   

OVERSEAS MORTGAGE TURKEY

 

 

 

 

  

 

   

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