Independent mortgage brokering

Commecial clients should have little difficulty in receiving offers of finance for a yielding property with good tenancies and anchors in place.

Individual buyers may have more difficulty in obtaining finance in the Czech and Slovak Republics, without help from mortgage brokers who hold the knowledge of the market and the products available to overseas buyers. Whilst mortgage products for overseas buyers are available, the behaviour of lending institutions often can be described as lacking in commerciality, non competitive and a high degree of risk aversion exists. This can make the process in obtaining finance difficult.

Whatever the kind of property requirement, we recommend clients use an independent mortgage broker who is able to source the right deal to match client profile and property purchase and one who is able to approach the more commercial aggressive banks who are used to dealing with overseas buyers.

We are able to introduce clients to such a broker, (UK owned and based in Prague) who have access to the entire market. With over 10 years experience in Central and Eastern Europe, having direct access to all of the major lenders in the region, they are able to source competitive funding for all of our clients and for whatever reason - mortgage products for overseas individual buyers through to corporate finance deals. They are fully aware of the issue of widely varying valuations, such issues impact greatly on loan to values and can often be ‘deal breakers'.

As well as brokering of finance to purchase property in Czech and Slovakia, other comprehensive services are available to our clients including: