Cyprus-Forum.com

[DT.]

Financing your Property
in North Cyprus


One of the most popular ways to finance the purchase of a property abroad is to raise the cash against your property in the UK.

Mortgage lenders in the UK do not currently lend money directly secured on your home in North Cyprus, but the purchase of a property can be financed by releasing the equity in your UK property.

Buying property in North Cyprus usually requires either Cash payment or Staged Payments based on the build times, which generally equates to a two year payment plan. It has been recognised that this is restrictive to potential purchasers and not every individual has the luxury of meeting cash sales or two year payment terms.

This being the case some developers are currently offering their own mortgage/financial packages with lending terms of between 5 and 15 years, subject to the individual developers terms and conditions.* Deposits of between 30% and 50% are normally required in these instances.


[b]We are also able to offer a Land Indemnity Guarantee Insurance to any client with concerns regarding any potential future settlement between North Cyprus and the south . Further details on application.[/b]

This is how desparate the developers are getting? They are now giving out land indemnity warranties to put people at ease from a solution?

Can someone explain to me what idiot sap Brit is going to trust some dodgy TC developer on paying up the gaurantee in case the TRUE GC owner of the house comes a knocking?

[Get Real!]

I wonder what they'll sell once they run out of GC properties! Their mothers is a good guess...

[tessintrnc]

Financing your Property
in North Cyprus


One of the most popular ways to finance the purchase of a property abroad is to raise the cash against your property in the UK.

Mortgage lenders in the UK do not currently lend money directly secured on your home in North Cyprus, but the purchase of a property can be financed by releasing the equity in your UK property.

Buying property in North Cyprus usually requires either Cash payment or Staged Payments based on the build times, which generally equates to a two year payment plan. It has been recognised that this is restrictive to potential purchasers and not every individual has the luxury of meeting cash sales or two year payment terms.

This being the case some developers are currently offering their own mortgage/financial packages with lending terms of between 5 and 15 years, subject to the individual developers terms and conditions.* Deposits of between 30% and 50% are normally required in these instances.


[b]We are also able to offer a Land Indemnity Guarantee Insurance to any client with concerns regarding any potential future settlement between North Cyprus and the south . Further details on application.[/b]

This is how desparate the developers are getting? They are now giving out land indemnity warranties to put people at ease from a solution?

Can someone explain to me what idiot sap Brit is going to trust some dodgy TC developer on paying up the gaurantee in case the TRUE GC owner of the house comes a knocking?

Good point, trouble is some people see the word GUARANTEE and all common sence goes flying out of the window (together with the cash). This property ownership problem is an unexploded bomb, but properties are still being snapped up...........
Tess

[kurupetos]

I wonder what they'll sell once they run out of GC properties! Their mothers is a good guess...

Their arses is another good guess...

[Get Real!]

I wonder what they'll sell once they run out of GC properties! Their mothers is a good guess...

Their arses is another good guess...

We now have TWO brilliant guesses and polling for more...

Keep them coming…

[Nikitas]

They are not getting it are they!!!

The whole world is buzzing with the effects from the Sub Prime Mortgage bubble and these assholes are still trying to sell second homes in an island which has political problems and doubtful titles.

Developers need to develop their brains. It goes for members of this peculair breed on both sides of the Green LIne.

Now let us talk about icons and antiquities which are movable and arguably better ways to safeguard your capital in financially doubtful times.......

[bill cobbett]

Dodgy deeds backed by dodgy guarantees issued by a dodgy regime, a real triple whammy.

-----

... bill c. ...kept out of Kyrenia by dubious warranties

[unitedwestand]

I wonder what they'll sell once they run out of GC properties! Their mothers is a good guess...

Their arses is another good guess...

We now have TWO brilliant guesses and polling for more...

Keep them coming…

It'll be a millennium before we get to sell our women and arses. There's enough Greek property to keep the TC economy going for a long while yet.

Not that I approve but sometimes I think "well, the fuckers got what they deserved"

[DT.]

I wonder what they'll sell once they run out of GC properties! Their mothers is a good guess...

Their arses is another good guess...

We now have TWO brilliant guesses and polling for more...

Keep them coming…

It'll be a millennium before we get to sell our women and arses. There's enough Greek property to keep the TC economy going for a long while yet.

Not that I approve but sometimes I think "well the fuckers got what they deserved"

We sure did. We live in a modern EU state with ties to the rest of the world and double the per capita income from the north and you sell our properties in the north to survive in an isolated pseudostate recognised only by the millitary in Turkey.

Everyone got what they deserved

[unitedwestand]

I wonder what they'll sell once they run out of GC properties! Their mothers is a good guess...

Their arses is another good guess...

We now have TWO brilliant guesses and polling for more...

Keep them coming…

It'll be a millennium before we get to sell our women and arses. There's enough Greek property to keep the TC economy going for a long while yet.

Not that I approve but sometimes I think "well the fuckers got what they deserved"

We sure did. We live in a modern EU state with ties to the rest of the world and double the per capita income from the north and you sell our properties in the north to survive in an isolated pseudostate recognised only by the millitary in Turkey.

Everyone got what they deserved

I'm amazed at your excitement of being in the EU. You share a Christians club with the likes of Bulgaria and Romania for Gods sake. Most shops and department stores have increased their security here in the UK to keep these undesirable fuckers out. You are in good company

Btw, I've been in the EU all my life, so what? Look at Switzerland, now there's a country that deserves respect.