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Old 13-06-2007, 05:11 PM
Sunnyshores Sunnyshores is offline
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Join Date: Mar 2007
Posts: 245
Default Mortgage on Turkish property

I am a UK citizen and have brought an appartment on the Bodrum Peninsular in cash. (I know there are a lot of negatives, but I am prepared for that and still thought it a good investment)

Anyway, what I need advise on is mortgages. I have found a couple of companies (Connect Overseas and Conti Financial) that are sourcing them, both seem to be through the same bank.

I have brought abroad before and know mortgages and associated costs vary, but I think the charges are really high about £1700 and the interest rate of 7.2% doesnt seem a great deal. For several reasons I cant remortgage in UK.

Anyone know of any other deals at present?

Thanks
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