Do you have equity in your Turkish home?

Would you like to profit from a Turkish equity release mortgage to use any time and for any reason you want?

Equity release mortgage and remortgage in Turkey is simple

• Up to 60% of Turkey property value on a Euro capital repayment mortgage. No requirement to justify what the purpose of the equity release mortgage is for (salaried applicants only).

• Up to 75% of Turkey property value on either Euro or GBP capital repayment mortgage. No requirement to justify what the purpose of the equity release is for (salaried and self employed applicants).

• Up to 50% of Turkey property value for equity release on either a capital repayment mortgage for providing the capital is to be used for another property purchase (salaried and self employed applicants).

How much you can borrow will depend upon the value of your property in Turkey and your level of income.

Why Equity Release and not simply a personal loan?

It makes financial sense to release equity in your Turkish property, rather than take out a personal loan as the interest rate is likely to be far lower than that charged on a personal loan.

Please do note that the bank will need to place an official charge on the property in Turkey  for the funds released. This can only be done through a Turkish title deed office. The fees and taxes involved are generally 1.5% of the amount borrowed.

You do not have to be in Turkey to complete the equity release or remortgage process. Turkey Property Mortgages will assist you to do all without travelling to Turkey.