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Cyprus

Cyprus

The Cypriot mortgage market makes the most of gearing for investors by offering off-plan drawdown mortgages.

Purpose	Purchase or remortgage
Interest Rate and currency	Multi-currency mortgages available. Swiss Franc, Euro, USD, Yen
Repayment Method	Capital and Repayment or Interest Only
Rate Type	Fixed or variable
Minimum Loan Amount	€5,000
Maximum Loan Amount	€1,000.000
Maximum Loan To Value	60% to 80% - dependent on developer
Maximum Term and Age	25 years to max age of 70
Currency	Swiss Franc; Euro; USD, Yen
Available For	Most nationalities can apply
Additional Info	We can arrange interest only and roll-up interest during build period.
Status	Full status mortgages only, based on affordability.

Application Process
Dependent on the lender, we can get an ‘agreement in principle’ within 10 days. We will provide you with an up-to-date document checklist at application stage to ensure speed.

Costs
The bank charge between 1 and 2% of the mortgage amount as fees. Valuations are extra. A cost breakdown is provided at application stage.
Our admin fee is £595. A detailed fee agreement is provided at application stage.

What next?
Contact Pure Genius Ltd with details of your purchase and we can go through your case to assess your suitability.

Overseas Mortgages are not regulated by the Financial Services Authority. The Whitechurch Network Ltd, do not have any association with the provision of this service.