We are now offering mortgages on ALL our properties!

Until recently it has not been possible for British citizens to obtain a mortgage on property in Northern Cyprus. We are now able to help arrange mortgages in Northern Cyprus for any completed or off-plan property in conjunction with WB Finance and Garanti Bank.

Here are the key terms and features of the mortgages.

Amount of loan:
Minimum - £10,000 GBP (Ten Thousand Pounds Sterling)
Maximum - No Limit.

Percentage of Loan:
WB Finance - Maximum 50% of the purchase price. (Available for all our properties, Completed or Off-Plan)
Garanti Bank - Maximum 70% of the purchase price. (Available for completed Turkish Title properties)

A mortgage offer will be made and money can be drawn after the borrower has paid their share and the controlling architect or civil engineer confirms that at least 50% of the construction has been completed. (Applies to WB Finance only)

Term:
WB Finance - Minimum - 5 years / Maximum - 10 years.
Garanti Bank - Minimum - 5 Years / Maximum - 20 years.

Interest rates:
WB Finance - 8%
Garanti Bank - Normal bank rates apply at time of application

Additional Fees:
£50.00 GBP - non refundable administration fee is payable with the application.
£200.00 GBP - Solicitor fees for preparing and registering the charge.
0.5% Valuation fee (£250.00 GBP minimum charge)

Capital & interest repayment method
Arrangement, early settlement and lenders fees apply

For further information Click here and Contact us.