Mortgages and Property

Italy

Includes Italian Residential Property

Loans available for the majority of Nationalities for either House Purchase or re-financing for Home Improvement purposes only

Type of Loan: Repayment Mortgage only

Minimum: £25,000, maximum 80% of valuation or purchase price (whichever is the lower)

Proof of Income: required in all cases (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available). Non-Status loans are currently not available.

Term: 5 to 25 years up to age 70

Currency: All major currencies + Euros. Currency loans only available over a maximum 10 years

Current Interest Rate in Euros: from approx 3.70% Variable - Discounted and Fixed Rate loans also possible (details on request)

Example: For an Italian Lira mortgage of € 80,000 over a period of 15 years at an interest rate of approx. 3.75% = € 589.60 capital and interest per month = a total approximate amount payable over term of € 109,328 including capital, interest, arrangement and survey fees.

Further information