![]() |
![]()
Typical Rate : 7%
Loan purpose : Residential purchase and investment.Land purchase. Equity release.
Min Loan : 25,000 Euros
Max Loan : 70%to 75% of the property’s purchase price or valuation (can take the higher within reason)
Term : 5-25 Years available
Max Age : 70
Repay method : Capital and Interest.Interest only 10 years.
Currency : Euro
Additonal Info : Your loan is based on your joint net take home pay. All your existing liabilities including any mortgage/rent payments, personal bank loans, credit card payments etc together with your proposed Bulgarian mortgage payment must not exceed 50% of your net monthly income.
Our Niches.
We are able to assist you with mortgages from over 30 Countries.
We are particularly proud to be among the first to offer mortgages
in Eastern Europe including Hungary, Czech Republic, Slovakia
and Bulgaria with others being added regularly..
Where do you start?
Pleasecomplete your details at the bottom of this page and one
of our specialist advisers will contact you to discuss your requirements.
Approval in Principle
For all countries we are able to offer an approval in principle
service. We will ask you to complete our confidential information
form. This provides us with sufficient information about your
finances to advise you of the likely hood of obtaining finance.
In some cases we can obtain a formal approval in principle directly
from the lender which is particularly comforting for new build
purchases where you need to commit to a purchase way in advance
of applying for the mortgage.
What happens next?
If you wish to proceed, we will send you a full application pack.
Any required application forms will be pre-populated with the
information you have already supplied. We will supply you with
a specific document requirements checklist and additional information
and tips about your purchase.
During the purchase
Once you have returned you application to us, as well as processing
the application, we will provide you with guidance on the whole
process. We will monitor your application with the lender closely
and provide you with regular updates and explanation of any terms
when the offer is produced. We will liaise with your other chosen
professionals to help with your understanding of the complexities
of your purchase such as buying through a company, residency permits,
taxation issues, life cover assignment etc.
Additional Services
As with the UK, you will be required to insure the property. Many
Overseas lenders also insist on Life Cover. In some cases an existing
plan may be used if it meets the minimum requirements. It is important
this issue is not left too late, as you may be unable to complete
on your purchase until cover is in place, which can sometimes
be delayed by requirements for medical information. Our recommended
independent advisers can provide specific advice.
Our Fees
£395 on mortgage application and 0.5% of the mortgage (minimum
£500) on sucessful completion.
|
![]() |
