A GREAT RANGE OF MORTGAGES

IN ALL SHAPES AND SIZES

Turkish Mortgages PLUS can help individuals of any nationality to buy any kind of residential property in the most popular areas of Turkey. Our product range and excellent service is designed to get you moving in the shortest time possible.

QUICK FINANCIAL FACTS

Rate Range:	From 4.36% Euros and From 6.4% in Sterling, Fixed and variable rates
Minimum loan:	30,000 Euros
Maximum loan:	75% in Sterling, 70% in Euros
Term:	20 years
Maximum age:	80 years
Currency:	Euros or Sterling

We can also provide products with no early redemption penalties at these rates meaning you can overpay the mortgage or pay it in full should you want to sell before the term of the mortgage ends.

For a more detailed breakdown of our products, please visit our rates page by clicking here

Frequently asked questions

Do I qualify for a mortgage in Turkey?

To qualify for a mortgage in Turkey, a calculation is used to establish whether you can afford to maintain the mortgage repayments. TMP will do this for you free of charge. You will need to complete our pre-approval form, which can be found here.

How much can I borrow?

The amount you can borrow is limited by your affordability. As we have access to a variety of lenders, the way this is calculated can vary from lender to lender. If you would like us to calculate your maximum borrowing based on your affordability then please complete our enquiry form here. Completing this form will allow you to budget precisely for your purchase in Turkey.

In all cases the maximum you can borrow will be limited to 75% if you want to borrow in Sterling, and 70% if you prefer Euros.

What evidence of income do I need?

If you are employed:

Your last three month’s payslips
Your latest P60 or Employers Reference
Your last three month’s personal bank statements

If you are self-employed

Your last two year’s audited accounts
Your personal tax returns for the last two years
Your last three month’s personal bank statements

Please note it may also be necessary to obtain a copy of your credit file via Experian (www.creditexpert.co.uk)

How is the mortgage repaid?

If you borrow in Euros or Sterling, repayments are made via your UK bank account by direct debit. If you are repaying in Euros, an account with MoneyCorp will need to be set up. This is done free of charge.