Prospective investors in Turkey were delighted with the recent news that the government’s temporary ban on the issue of title deeds (Tapu) to foreigners has been lifted. Now that the Turkish government has had time to re-draft the relevant law, title deeds are being processed as usual. This is welcome news for foreign investors, especially now that mortgages are more readily available in Turkey - the essential elements for overseas property investors are firmly in place.

Continue reading ‘Turkey Keeps Investors Happy’

Prospective investors in Eastern Europe’s best kept secret - Romania - will find that obtaining a mortgage is a straightforward process, with a number of different mortgage options available through Obelisk Private Finance to residents and non-residents who buy property in Romania.

Continue reading ‘Investors Take Advantage of Romanian Mortgages’

With annual price hikes of 15% and rental yields of between 8% and 10% in its capital, Slovakia already ticks plenty of boxes for successful overseas property investment. With Obelisk’s recent introduction of mortgages for non-resident home buyers, property investment in Slovakia is even more attractive.

Continue reading ‘More Good News for Slovakia Property Investment’

While HiFX Mortgage Services has already created something of a name for itself across the world with a range of fee-free mortgage services, the Caribbean property market has now been added to the ever growing list of countries in which it has an exposure. In a venture with the First Caribbean National Bank, HiFX Mortgage Services has announced plans to offer mortgages to expats and UK residents looking at property in areas such as Barbados, St. Lucia, St. Vincent, Tobago and the Grenadines.

Continue reading ‘HIFX Caribbean Mortgages Tie-up With First Caribbean National Bank’

For years, Brazil’s poor had little access to credit. And even if they could get credit, they could not hope to maintain payments on interest rates that were frequently among the highest in the world. That, combined with unemployment, low pay and the instability brought on by a struggling economy, led to an explosion in the number of people living in favelas (shanty-towns) scattered in and around Brazil’s urban areas.

Continue reading ‘Brazil Mortgages to Boost Residential Market?’

While on the surface it may only seem like a small change, experts at Nubricks.com predict that buying property in Thailand will become more popular due to the change in Thai mortgage law. The introduction of mortgages to foreigners living in Thailand has the potential to transform the property market overnight.

Continue reading ‘Introduction of Thai Mortgages For Foreign Owners’

Demand for property in Gibraltar has been high over the past few years. In Gib it is possible to get loans up to 90% LTV and there has been an increase in mortgage applications, especially with the relaxing of the relationship between Gibraltar & Spain.

Please note, that there are no non-status/self-certification mortgage facilities available in Gibraltar (although renting out your property is permitted)

Gibraltan Lenders will also take approx. 125% of the gross Rental Income of the Gibraltan property into consideration towards the cost of the mortgage purposes/repayments. Continue reading ‘Gibraltar Mortgage: How Much Can I Borrow & What Proof of Income is Required?’