Our rates for Equity Release and Remortgage products in Turkey. If you are looking for interest rates for New Purchases, please click here. This page was last updated on March 21, 2012.
Type Currency Initial rate Term of initial rate Subsequent rate Max Loan Min Loan Max Term Early Repayment Charge
Tracker Euros 5.00% Three Months Euribor plus 3.85% 70%€50,00025 years No charges
Fixed Euros 6.40% Twelve Months Based on Euribor 55% €25,000 20 years 2% in 12 months Nil after
Fixed Sterling 6.60% Twelve Months Based on LIBOR 55% £25,000 20 years 2% in 12 months Nil after
Fixed Euros 6.90% Three Years Based on Euribor 55% €25,000 20 years 2% for 3 years Nil after
Fixed Sterling 7.10% Three Years Based on LIBOR 55% £25,000 20 years 2% for 3 years Nil after
Fixed Euros 7.40% Five Years Based on Euribor 55% €25,000 20 years 2% for 5 years Nil after
Fixed Sterling 7.60% Five Years Based on LIBOR 55% £25,000 20 years 2% for 5 years Nil after
The first product is only available within 6 months of the purchase of your property.
Three month Euribor as of March 21, 2012 is 1.10%. More information on Euribor can be found by clicking here.
Maximum age in all cases is your 70th Birthday.
YOUR HOME MAY BE REPOSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
FLUCTUATIONS IN THE EXCHANGE RATES MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.
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