Turkish Mortgages for purchasing a property in Turkey - rates from approx 6.10% in Euros

Turkish residential property only. Funds are not available until completion and the property is legally registered in your name.

Turkish Mortgages are available for UK Nationals - who must be UK resident at the time of application. House Purchase or re-financing for Home Improvements.

Mortgages for other purposes may also be considered - contact us for further information.
Mortgages available on a capital and interest repayment basis only.

Minimum loan €40,000; Maximum loan €200,000 (larger amounts on a case-by case basis), but must not exceed 75% of the valuation or purchase price (whichever is the lower).

Proof of Income is required (earned income, pension income and investment income can be used but not in all cases). Non-Status or self certified loans are currently not available.

Term:
Up to 15 years for loans up to €100,000 rising to 20 years for loans over €100,001 - up to age 75 (min age of 24 on application)

Currency:
Euros only
Interest Rate: from 6.10% fixed for 1 year.

Fixed Rate loans over 3 and 5 years, also available. If the property is rented, the Interest Rate increases by 0.60% for all schemes

Example Turkish Mortgage in Euros:

Repayment Mortgage of approx €80,000 over a period of 15 years at an initial Fixed interest rate of approx 6.10% = approx €679.42 per month

Example of fees:
Valuation fee:£445
Mortgage admin fee:£495

Bank Arrangement fee:
£2% min £1250
Turkish conveyance fee: £350

For More Information Please Contact us on 01484 358 502


 

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