ADO Properties are pleased to offer the first off plan mortgage for Turkish property through a UK lender.
Please find terms and conditions below.
- Purchase or remortgage
- 75% loan to value
- Sterling based mortgage – currently charged at 7.75%
- Repayment only
- 15 year term
- No minimum loan amount – max loan is £250,000
- Mortgage based on affordability
- Income verification required – no self-certification
- Self-employed applicants only need 1 year’s accounts
- Maximum of 2 applicants per mortgage
- Life insurance for loan amount needed – assigned to bank
- Ability to get an agreement in principle
- All applications packaged and dealt with in the UK
- Redemption fee is £475 if repaid within 3 years and £0 if repaid after
- We can also arrange a 50% loan to value mortgage on a self-certification basis, with a payrate of 6.2% euros.
- We charge a £200 agreement in principle fee and a £750 processing fee which is paid when we submit a fully-packaged case to the bank nearer to completion of the property.
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