international mortgages
cyprus
Based on the valuation or purchase price, whichever is the lower, of the Cypriot residential property, UK and Non-UK applicants can borrow up to 70-80% in most major currencies – including Euros - for purchases and re-mortgages (Re-mortgages are subject to the funds remaining in Cyprus).
-
Maximum loan to value 70/80
-
Minimum loan of £20,000, no maximum
-
Maximum term of the loan is 40 years in Cyprus pounds or 25 years in all other major currencies
-
Loans available in Euros, Sterling, US Dollars, Swiss Francs and Yen
-
Repayment and interest only mortgages available
-
Current interest rates as available from approximately 5.45%
-
The income criteria is variable
-
Bank Reference and Employers or Accountants reference if self-employed
-
Existing borrowing in the UK and Overseas will be taken into account
Typical example
Repayment mortgage of approx € 70,000 over a period of 25 years at an interest rate of approx 5.45% Variable = approx € 433.50 = a total approximate amount payable over the term of approx € 132,930 including capital, interest, arrangement and survey fees.
If you would like to speak with a representative to discuss your requirements please call +(34) 677 874 948
| pensions | estate planning | equity release | protection | general insurance |
