Turkish Mortgages

Turkey is a very desirable place to purchase property for holidays or letting and we have been inundated with calls from people wanting to buy there. Until now, there has been no solution other than buying for cash, as it has not been possible to arrange mortgages for that country.

This is about to change and we have access to lenders funds through a major Turkish Bank.  The cash will be lent from Turkey; through the UK and deposits and payments will be take through the UK banking system.  Normal mortgage conditions will apply but two lawyers will be involved in setting up the loan, one British and one Turkish.

Interest rates are slightly higher at around 7% but as property values are very reasonable and against such a unique facility, we consider this to be good value.

We expect this facility to be in place sometime in September.

If you would like to find out more about this, click the mortgage button at the top left of your screen, complete the simple application form that will appear and one of our specialists will get in touch to explain what can be done.

Alternatively, call our HELP - LINE on 0845-108-0505

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