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If you require finance to purchase your property, our Financial Services - Licensed Credit Broker (who have over 20 years experience in the market) can assist. Using the Bulgarian property as security a Repayment mortgage could be raised, depending on individual requirements.
All mortgages through BGPLG and associate companies are handled by BulgariaMortgage.com. A respected name in the Bulgarian marketplace and a premier BG financial consolidator for investors in the country, and Conti Financial Services in the UK. Specialising in plans that protect your property BulgariaMortgage.com have become the first choice for British investors, whether buying holiday homes or building serious property portfolios.
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Based on the valuation or purchase price, whichever is the lower, of the Bulgarian residential property, UK & Irish Nationals (and non-UK Nationals on a case-by-case basis) can borrow up to 70% for purchases and re-mortgages for Home Improvements. Mortgages for other purposes may be considered - contact us for further information.
Please note: That if the property is an apartment being built, funds are not available until the completion and the apartment has been legally registered in your name. The same will also apply for a new house/villa, but in this case, if the land is already purchased and registered in the name of a Bulgarian Company (with you as legal owner of that Bulgarian Company), see Buying in Bulgaria stage payments may then be available on a drawdown basis to construct the property - full details on request.
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** For all schemes there is a minimum loan of 40 000 EUR, no maximum, available in Euros only. The maximum term of the loan is 15 years - available up to age 70. Current interest rate as at 7th February 2005 is approx 7.50% in Euros.
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Experts in Bulgaria finance, land and property management, staff experienced in conducting business with overseas lenders |
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Fully independent with more lenders and more choice |
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Competitive and exclusive lending terms with BulgariaMortgage.com |
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In some countries, no final arrangement fee charged by us for organising the overseas loan |
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At no cost, we can internally pre-qualify your application financially, ensuring your funds are in place when you visit the country on inspection trips |
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Can save you time and costs (ie: phone, fax and postage) and the weeks that can be involved in both exploring and finding a possible lender |
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In-house processing and dedicated underwriting team who are fully aware of what documentation the lender requires, their lending criteria and how to present the application, which ensures a faster mortgage offer |
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The use of our extensive database of other relevant professionals such as lawyers, surveyors, developers, currency exchange and offshore company formation experts |
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Bulgarian and offshore company formation experts |
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