My Turkish Home:
How Much Can I Borrow and How Much Will it Cost Me? Homeowners can borrow anything from £3000 upwards which will depend on your personal circumstances such as income, existing loans, and property value. Buying property abroad is normally easier if you can do it without a mortgage. However with more people buying more property in Altinkum and Turkey the price of property is rising, this is making it difficult for many holiday makers to pay cash for their dreamhome or investment property. It is possible to obtain a mortgage from a UK lender to purchase a property abroad and a popular way at the moment given property prices in the UK, is to release equity from a UK property to fund a cash purchase.
Property prices in the UK have increased so much that many people are sitting on huge amounts of equity. It's easy to remortgage in the UK and the cash released can be sufficient for many people to buy a property abroad. We can also arrange secured loans for those of you who wish to release equity without remortgaging. This is useful if you have redemption charges to pay on your current mortgage or if you have damaged your credit rating in some way since getting a mortgage. Complete the short online enquiry_form and one of our mortgage consultants will be able to find you funding for your Turkish Property. Or feel free to ring us on 07738598043 and ask for Altinkum Funding. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.
Special plans on different terms for clients with CCJ's arrears, and for the self employed without income proof. (fees may apply)
All loans subject to status in the UK to home owners aged 18 and over and may be secured on property. Written quotations available on request.
Other terms and amounts available. All loans subject to status in the UK to home owners aged 18 and over and may be secured on property.
Typical Example
Turkish Property Price
£40,000
UK Property Value
£115,000
Outstanding Mortgage
£35,000
Available Loan
£80,000
