North Cyprus Mortgages The information you need to purchase with ease.


We are now offering mortgages on ALL our properties!

Until recently it has not been possible for British citizens to obtain a mortgage on property in Northern Cyprus. We are now able to help arrange mortgages in Northern Cyprus for any completed or off-plan property in conjunction with WB Finance and Garanti Bank.

Here are the key terms and features of the mortgages.

Amount of loan: Minimum - £10,000 GBP (Ten Thousand Pounds Sterling) Maximum - No Limit.

Percentage of Loan: WB Finance - Maximum 50% of the purchase price. (Available for all our properties, Completed or Off-Plan) Garanti Bank - Maximum 70% of the purchase price. (Available for completed Turkish Title properties)

A mortgage offer will be made and money can be drawn after the borrower has paid their share and the controlling architect or civil engineer confirms that at least 50% of the construction has been completed. (Applies to WB Finance only)

Term: WB Finance - Minimum - 5 years / Maximum - 10 years. Garanti Bank - Minimum - 5 Years / Maximum - 20 years.

Interest rates: WB Finance - 8% Garanti Bank - Normal bank rates apply at time of application

Additional Fees: £50.00 GBP - non refundable administration fee is payable with the application. £200.00 GBP - Solicitor fees for preparing and registering the charge. 0.5% Valuation fee (£250.00 GBP minimum charge)

Capital & interest repayment method Arrangement, early settlement and lenders fees apply

Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

About Us

 

​​​Milano Homes Cyprus is a Real Estate Agency in Northern Cyprus, Headquartered in Lefkosa (Nicosia) and Girne (Kyrenia). Milano Homes Cyprus is a right place to go for anything you may need in Northern Cyprus like purchasing properties such as houses, villas, apartments, rental, property management, investment and land plots acquisition for commercial and residential with Turkish title deeds.

Mr. Ibrahim Ozkus ( T.R.N.C )

       +90 (533) 8585123

Mr. İlhan Çetin ( UK )

       +4407506681226

Agents: Online

Murat Polat ( UK )

       +442083650477 

Milano Homes ( AGENCY)

Mr. Mehmet Özgün ( T.R.N.C )

       +90 (542) 8 514353

RENT A CAR

  • Lowest price guarantee

  • Multiple Collections

  • 24/7 Customer Service.

 

 2019 Milano Homes Cyprus | Real Estate Agency |Address: Özker Özgur Sok 31 Cihangir Northern Cyprus  | Email: info@milanohomescyprus.com |

       +447951591947

Mrs. Ferda Djemal ( UK )