| Once a UK client
has found a property and agreed
the purchase price, there is always
the danger that the euro/pound
exchange rate will fluctuate before
the deposit or full amount is
paid. This can also apply to mortgage
payments which are sourced from
UK funds. |
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| Of course, the
euro/pound rate can move to your
advantage, but is this a risk
you want to take? |
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| We
highly recommend the services
of HiFX. They can, for example,
provide guaranteed forward prices
with no commission and no transfer
charges. The HiFX team of experienced consultants
listen to your personal circumstances
and suggest various ways of purchasing
currency in order to minimise
the currency risk. |
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| Click
on the banner to set up an account
or receive more information. |
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| When you buy
a property through us and you
require a mortgage, we can introduce
you to lenders offering finance
at attractive rates of interest. |
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| Mortgages may
be available in Euro, Pound Sterling
or Swiss Francs and in most cases
are subject to status. |
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| Once a particular
property has been decided upon
and we have the relevant details
from the prospective buyer, written
quotations can be obtained. |
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| To begin the
process there is a broker application
fee of £400 which will be
refunded when borrower and lender
have signed the mortgage agreement. |
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| We charge a broker
commission of between 1% and 2%
of the loan amount. When buying
a "normal" residential
property/holiday home, the rate
is usually 1% of the loan amount. |
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| Lenders sometimes
pay us commission. If they do,
the amount we receive from them
will be deducted from the commission
you pay us (which could mean you
pay us no commission at all). |
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| YOUR HOME IS
AT RISK IF YOU DO NOT KEEP UP
REPAYMENTS ON A MORTGAGE OR OTHER
LOAN SECURED ON IT. |
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| Austrian
Properties - Licensed Credit Brokers |
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| Office
of Fair Trading CCL
No. 553867 |
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