Mortgages For Property In Turkey

International Property Agents are pleased to announce a range of mortgage products for property in Turkey.

A variety of products are available using the property in Turkey as security for the mortgage. The mortgages are available up to 85% to 90% loan to value (based on individual property valuation). At present the minimum loan value available is £20,000. The maximum mortgage term is up to 20 years which must be completed by the age of 75 years.

The mortgage amount is based on affordability, in essence, how much you can afford to pay back each month, once your existing liabilities such as a UK mortgage and other payments, have been taken into account.

The income criteria is variable. Bank reference and employer's or accountant's reference will be required if self-employed. Existing borrowing in the UK and overseas will be taken into account. All Turkish mortgage enquiries are dealt with on a case by case basis and are subject to satisfactory credit status and valuation. Please note that the loan is secured on the Turkish property and it is not covered by the UK Consumer Credit Act or the Financial Services Authority.

Mortgages are only available to UK, Belgian, Dutch and German applicants.

For further information on mortgages for property in Turkey, please call us on 01706 216333, or click here to contact us.

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Changes in the exchange rate may increase the sterling equivalent of your debt. Figures are believed to be correct at the time of issue. This is not an offer of a mortgage.