Far too many self professed experts simply don't know what they don't know...
Any one that does know, can take one look at your website, and see that .... You are trying to do mortgage business in Turkey as if it was the UK.
Regrettably I have been called on far too frequently to assist people that have been the victims of property and mortgage scams in Turkey....mainly by knowing the right people for the job...and likewise with mortgages there is now a credible Turkish mortgage broker, and finally credible legal firms now servicing foreigners. The sooner the merchants of misleading advice are out of business, the better for all concerned.
Pretending that certain business is done in Turkey the same way it is in the UK is a widespread tactic emplyed by scam artists to dupe the unsuspecting. Conveyance, contracts, mortgages- UK soliciotrs, UK mortgage brokers - its the same story over and over.
There are those that mislead intentionally, and we now have quite a list of of the various misleading practicese employed, several of which appear on your website, unfortunately. While I may not know mortgages I do now have considerable knowledge of the misleading practices employed. You can take an interest and change it any time. No doubt it is not intentional, but you never-the-less have a duty not to mislead.... And now you've been informed.
Many unscrupulous practioners providing legal, property, and mortgage advice imagine they are at liberty to do as they please in the overseas propery markets and unregulated cross border mortgage segment. Perhaps, but not indefinitely.
Many that have, are no longer in business. For example, the mortgage broker that was taking £1500 off clients for valuations without ever submitting an application. Or the firm that accumulated so many applications and then discovered it was too expensive to complete the Turkish side of things and still make a profit...and told the clients that they didnt qualify. Or the firms that have taken fees and guaranteed off plan finance to developers and buyers and never delivered anything.....One that is still in business is a solicitor involved in one for the largest property frauds in the recent years- his partner is serving time for a second offence - while the solicitor in question closed down the firm that carried his name and is now practising under a different one.... A matter that has come to the attention of a certain local police force... Many unkowing victims imagine they need to find a solicitor to seek redress, but often they have been the victim of fraud, and one route to redress is directly to the police....
As it happens I am not a self professed expert - but a widely recognised expert. And likewise the people running TMC. I know, because I encouraged them to deliver mortgage services to foreigners, and despite it being a cost intensive involvement, they continue to do so ethically and credibly, as one of the many financial services businesses they manage. They now manage the first Turkish mortgage brokerage - but their real estate investment and finance expertise is well established with instituional investors. These people are not merely mortgage brokers that crawled out from under a stone somewhere looking for an unknowing innocent to prey upon- like far too many UK overseas mortrgage brokers involved in the business - these people have credentials and references from the top - the top in the sense that they dont come higher- these people have been running financial institutions and financial reform programs in Turkey for at least two decades. And that is how I know them.
And if you have come across my threads on other forums, you wouldn't bother with trite remarks about my ass and what I may know, but you would know the purpose of my "slagging off" of unscrupulous practioners and misleading self-serving practices that undermine the credibility of the market and other participants as a whole-
Unecessary, and undesirable - in a country as overwhelmingly attractive as Turkey....
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