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Possibility to get a Mortgage for Property in North Cyprus (TRNC)?

April 26, 2017mortgage north cyprus POSSIBILITY Property TRNC

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Posted

Possibility to get a Mortgage for Property in North Cyprus (TRNC)?

3 Answers

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platinum properties Posted

Ofcourse there is a possibility to get a mortgage in North Cyprus.

for more information please contact us

http://www.platinumproperties-northcyprus.com

Regards

Platinum Properties

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Posted

Due to the political isolation of Northern Cyprus it is not possible to get mortgages on properties. However, some developers have now started to offer long term fixed rate property mortgages directly, typically for 70% of the property value over a twenty year term fixed at 5%. These mortgages are approved on a self certified basis and are not tied to your UK collateral.

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Posted

Now it is possible to get mortgages on properties. Some developers and banks have now started to offer long term fixed rate property mortgages directly, typically for 70% of the property value over a twenty year term fixed at 5%. These mortgages are approved on a self certified basis and are not tied to your UK collateral.