Cyprus Property Finance - Financing Mortgages

Cyprus property real estate services

How does Cyprus real estate get real? By thinking

about everything uniquely. Starting with you.

Cyprus Property Finance - Overseas Mortgages

Cyprus property finance for overseas mortgages, either as an investment or for your new home in Cyprus, requires careful thought, planning and preparation. We have joined forces with one of the most reputable UK overseas mortgage specialists, offering competitive rates and a personal service for your Cyprus property finance overseas mortgage requirements.

Fidentia Group, ‘The Overseas Mortgage Specialists', arranges foreign mortgages for property purchases in over 40 countries around the world. We pride ourselves on our ability to provide independent and impartial advice to our clients for their overseas property needs.

Overseas Mortgages

Overseas Mortgages - Financing your Property Purchase in Cyprus

Our key objective is to match competitive rates to a high level of personal service for customers who wish to finance their overseas property with an overseas mortgage.

It is essential to understand that there are very considerable differences between overseas mortgages and the more traditional raising of finance on UK properties. When arranging an overseas mortgage there are many potential pitfalls which can leave you at risk if you have not taken appropriate advice from experts. You are in safe hands with the friendly team at Fidentia, which has many years' experience in the overseas financial services market and who will guide you through every stage. As one of the leading independent overseas mortgage brokers in the UK, we may be able to bring you exclusive deals unavailable through normal channels, and offer more competitive rates than those publicized by the main lenders, due to the terms we are able to negotiate.

We are international mortgage brokers and we work with a panel of lenders in each country. Therefore, we have access to a wide variety of mortgage products and can recommend the best product to match your specific needs. Furthermore, in many cases we can offer exclusive terms that may not ordinarily be available to the public.

Our offices and our experts are UK-based and have first hand knowledge of overseas mortgages and understand how to process an application swiftly and efficiently.

The current buoyant overseas market dictates enhanced prudence to ensure you will have a full decision in principle, to avoid disappointment and also to provide you with a stronger bargaining position. Whether you are at an early enquiry stage or have already found a property, please take the time to contact us for a loan illustration. In order to meet the different lending criteria of the countries covered, we have to ask you to provide us with detailed information including your financial situation.

Cyprus Property Finance: What is covered

Loans are available for the purchase of: a house or apartment, land for immediate construction of a house, premises for professional use and for the renovation or extension of a house or holiday home.

Type of loans available for Cyprus Property Financing:

• Capital repayment mortgage
• Fixed-rate mortgages are available for up to 20 years
• Interest-only mortgages available for up to 3 years.
• Re-mortgage is available

Loan to Value: Maximum Loan Value: 70%

Maximum Loan Amount: Unlimited

Interest Rates: Euro: 4.59% - CYP£: 5.75%

Maximum Term of mortgage in Cyprus depends on the lender, currency and age:

• Maximum 35 years for Cyprus Pounds
• Maximum 15 years for other currencies

• Maximum age limit at completion is 70

Currencies available: CYP, EUR, GBP, USD, JYP, CHF

Documents required:

• Completed application form
• Copy of passport
• Bank reference
• Employer reference
• Pay slips for the last 3 months
• Bank statements for the last six months
• Copy of tax return for the last year

General fees to consider: Bank Arrangement Fee: 1% of the loan amount.

Mortgage Quotation

Allow us to assist you in obtaining the funds for your purchase.
We can also pre-qualify your enquiry before you visit the property.

The application form ‘linked below' is designed to allow us to assess the best method for you to gain access to the funds necessary to complete the purchase of your property. It is in two parts. Please complete all sections of both parts with all relevant information, and submit both to us.

Should there be more than two applicants for one property, we would ask that you complete another two-part form with the property address details on both forms.

If you prefer, you can download a PDF version of our questionnaire which you can print out, complete and return to us by mail.

Use the on-line form (This is a multi page form)

Download an Adobe Acrobat (PDF) version (To print and post)

Please Note: By completing either form you are agreeing to our declaration.

Webmaster's note:

We are aware there is a problem with the online form in that some users receive unreadable acknowledgement emails following the completion of this form. This appears to mainly affect web based email addresses such as Hotmail, Yahoo, etc. This does not mean we have not received your completed form. Also, this form is quite long and complex and, as a result, it is possible the server will "time out" if there is an extended period of inactivity. This will result in an error message. We are currently reviewing these problems with a view to a permanent resolution. In the meantime, in addition to the automated acknowledgement we will also send a manual acknowledgement, so you are assured we received your request. We apologize for any inconvenience this may cause and are actively taking steps to correct this as a matter of urgency.

Fidentia Group

Fidentia Group UK

Postal Address:

Boston House
69-75 Boston Manor Road
Brentford
Middlesex
TW8 9JJ
United Kingdom

Telephone: +44 (0) 2070937852 - 08707 496 496

http://www.axiafx.com

Fidentia Group Ireland

Telephone: +353 1 61 77 880
Fax: +44 (0) 208 434 3586

Email: Click here to email us
Web Site: http://www.fidentiagroup.com/

Andrew Sharpe, a British expatriate, has been living in Cyprus since 1977. He is married to a Cypriot and has four children. Thanks to the many years he has lived in Cyprus, he is able to offer a hands-on approach to the many unknowns that may await any prospective resident, providing a very relaxed helpful, information service for property sales. Cyprus property has offices in all the island's major towns, i.e. Nicosia, Limassol, Paphos/Pafos, Protaras, Larnaca/Larnaka and Platres. Details on property finance, property sales, laws on purchasing property in Cyprus. Regular web site updates.

E-mails replied to within 24 hours.

Cyprus Fax/Tel 0035725571715 Mobile 00357 99537985 E-mail andrew@cyprusprop.com

________________________________________________________________________________________________________________________

Cyprus Property Information Pages -------------------------------------------------------------- Cyprus Property Information Pages