I'm a recent graduate looking to buy a property in Turkey.
I don't have the option of remortgaging as I don't own a house.
I asked my bank about getting a personal loan/mortgage of between £25k and £35k but they won't lend money if it will be used to purchase property abroad.
Can anyone give me some advice?
2007-01-08 22:57:16 · 4 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Try a Turkish bank operating in the UK
2007-01-09 04:53:15 · answer #1 · answered by BRIAN S 3 · 0⤊ 0⤋
I have only bought in France and foreigners are required to put in 20% of purchase price plus fees.You could try borrowing the money here on say a personal loan and using that to deposit in Turkey.I don't know the system in Turkey but hard cash translates in any language.Be careful tho' and check out all the pros and cons before you proceed preferably with a responsible Brit who has bought over there.Hope this helps.Baron
2007-01-09 02:35:47 · answer #2 · answered by Baronlebon 1 · 2⤊ 0⤋
try Bulgaria, extremely low-cost, rural abode £10,-£15000. Beer 20p, Bottle of Vodka £a million.20, strong meal out with wine £5 for 2, telephone bill 10% of ours, petrol lower than 0.5 fee desire i bypass on. really draw lower back wages are low if you're unskilled.
2016-12-02 01:10:18 · answer #3 · answered by kobielnik 3 · 0⤊ 0⤋
From the owner of the property.
I Know that has been practiced.
2007-01-08 23:10:55 · answer #4 · answered by peacemakers3000 3 · 0⤊ 0⤋