Please note, that there are no non-status/self-certification mortgage facilities available in Poland (although renting out your property is permitted), all loans need to be supported by a minimum requirement of proof of income, i.e. if employed - copies of your last 3 month’s Personal Bank Statements will be required or alternatively if you are self-employed - copies of your last two years Audited Accounts, Tax Returns & copies of both your last 3 month's Business and last 3 month’s Personal Bank Statements will be required on application.

Unfortunately in Poland the local Lenders will NOT take into consideration any proposed Rental Income from the property for mortgage purposes/repayments.

Your loan is based on your joint net “take home” pay and is calculated on an affordability basis. All your existing liabilities including any mortgage/rent payments, personal and bank loans and any maintenance (ie: Divorce) payments together with your proposed Polish mortgage payments must not exceed 38% of your net monthly income.

Example:

Net joint monthly income £ 2,500 times 38% of that figure is £ 950 minus existing monthly mortgage payment £ 300 – No other liabilities. This leaves a balance of £600 for a proposed Polish Mortgage payment.

Mortgage details:

• Maximum loan to value 85%
• Maximum term 30 years
• £20,000 minimum loan
• Sterling, Euros, US Dollars and Swiss Francs only
• Repayment mortgages only
• Rates from approximately 5.20% variable n Euros, approx 6.50% in Sterling and approx 3.20% variable in Swiss Francs