HOT
OF THE PRESS
OVERSEAS
MORTGAGES FOR TURKEY now Available for the 1st time.
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
::Finance
in The UK to release capital and purchase
with
cash in Turkey::
We are
able to assist you with arranging the finance for buying
a property in Turkey.
A.M.S
are a part of our group and can offer up to date
information and advice on the most suitable options
available to raise the required funds to purchase your
dream PROPERTY IN TURKEY.
They are a
independent mortgage brokerage and will source the best
possible rates and schemes to match your circumstance.
Whilst you
can not arrange a mortgage in Turkey at this time there
are several major companies preparing to do so in the
near future.
We would recommend
that you register on our "Contact Us" page if
you would be interested to receive details of the new
mortgage schemes when they become available so that we
can contact you directly.
This
service is available without charge when mortgaging a
property in the UK ONLY.
For
details of charges associated with a mortgage for Turkey
please contact us.
Telephone
01622-769550
E-mail
tgridley@advanced-mortgages.com
www.advanvced-mortgages.com
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