Bulgaria Ski discussion board
pirin golf mortgage
Author:
posts : 13 (Beginner)Date : 09-03-08 23:52re: pirin golf mortgage
hi Welshy, you need to put 00 in front of the number. That should work. Dont know any other mortgage UK providers. I just went with the advice and recommendation of the company that we had bought property through.
re: pirin golf mortgage
Phoned a few others and the huge fees the Bulgarian Banks charge is shocking i.e. for say a E36k mortgage they with broker fees want upwards of £3k (sterling) in fees.... to be frank given that high level of fees equity release in the UK and paying the poor exchange rate is FAR FAR more financially beneficialre: pirin golf mortgage
I am about 2000 Euros in total for fees. This is better than releasing equity back home cause to transfer over the balance i am due to pay it would cost me between £8,000 and £9,000 with the Euro ratere: pirin golf mortgage
Hi Welshy, I have bought in Pirin 1, i am taking out a Bulgarian mortgage through UBB Bank, Daniela from Balkanstroy sorted out everything for me, i paid no broker fees because she referred us. I can give you her Email if you want. What Block in Pirin 1 have you bought and what part of Wales are you from.re: pirin golf mortgage
Hi adrian - that would be very helpfull.Im a little concerned at how close to completion it is and not having sorted out finance yet!!!
Its in district 1Block B, no longer in Wales
now in the bg Smoke.re: pirin golf mortgage
in BG generally,
if you say you want mortgage for holiday home, everybody in the financial circles will turn away because they know very well the score: that it will be too risky to try to sell if payments aren't met and they have to step and try to shift it.
And to who? that is the BIG question.
So Try to finance whatever left with your own savings rather banks.
as for rental -have a look into similar appartments blocks places in Pamporovo Bansko and now joining Borovets and join ...
if you say you want mortgage for holiday home, everybody in the financial circles will turn away because they know very well the score: that it will be too risky to try to sell if payments aren't met and they have to step and try to shift it.
And to who? that is the BIG question.
So Try to finance whatever left with your own savings rather banks.
as for rental -have a look into similar appartments blocks places in Pamporovo Bansko and now joining Borovets and join ...
in BG generally,
if you say you want mortgage for holiday home, everybody in the financial circles will turn away because they know very well the score: that it will be too risky to try to sell if payments aren't met and they have to step and try to shift it.
And to who? that is the BIG question.
So Try to finance whatever left with your own savings rather banks.
as for rental -have a look into similar appartments blocks places in Pamporovo Bansko and now joining Borovets and join their blogs to find out that BG rental is just maybe to cover your running costs if you are lucky.
plus the dodginess going on with flats on paper not being let so the owners have no incomings, but actually with some checks, finding out that places were rented just for cash at reception with nobody knowing anything.
it was wide spread on the beach this season-
say if you want a flat for few days at peak time -with a little chat at the reception -no more than 5 minutes,you get into 4-5* place for cash, use everything there and only for 60euros a room.that is for first lines places with private owners appartments-for the 2nd and futher in places nobody wants to go there anyway.
Nice business if you were independant tourist this summer.
accountancy levels are below any standard and wont improve for a long time.
At the end of the day ,the builders knew that this is the way: after they shift the flats,to continue the banknotes's printing business.
So be on alert even when everything seems honky dory.
it was this summer, I repeat and wide spread.I know af 15 people done exactly the same with no problems for their families-just 5 minute and Coming Please!
if you say you want mortgage for holiday home, everybody in the financial circles will turn away because they know very well the score: that it will be too risky to try to sell if payments aren't met and they have to step and try to shift it.
And to who? that is the BIG question.
So Try to finance whatever left with your own savings rather banks.
as for rental -have a look into similar appartments blocks places in Pamporovo Bansko and now joining Borovets and join their blogs to find out that BG rental is just maybe to cover your running costs if you are lucky.
plus the dodginess going on with flats on paper not being let so the owners have no incomings, but actually with some checks, finding out that places were rented just for cash at reception with nobody knowing anything.
it was wide spread on the beach this season-
say if you want a flat for few days at peak time -with a little chat at the reception -no more than 5 minutes,you get into 4-5* place for cash, use everything there and only for 60euros a room.that is for first lines places with private owners appartments-for the 2nd and futher in places nobody wants to go there anyway.
Nice business if you were independant tourist this summer.
accountancy levels are below any standard and wont improve for a long time.
At the end of the day ,the builders knew that this is the way: after they shift the flats,to continue the banknotes's printing business.
So be on alert even when everything seems honky dory.
it was this summer, I repeat and wide spread.I know af 15 people done exactly the same with no problems for their families-just 5 minute and Coming Please!
re: pirin golf mortgage
Hi Adrian,I have also bought in Pirin 1 and would be very grateful if you could forward on any contact details you have for finance options. I am part of a group, who have bought 10+ properties in the District 1 and can't wait to get over there and enjoy.
Look forward to hearing from you.
Mike C
