| |
Holiday Property Rentals:
Gorgeous beach apartments, penthouses and villas View our rental peoperties».
 |
Car hire: Hire a car whilst renting a holiday home from us on the Algarve.
Find out more ».
 |
Document Libary:
 |
|
There are many Banks offering mortgages in Portugal,
but where do you start?
Haven OPS offer a service which enables us to source a Portuguese mortgage for you, from the most competitive provider with the best rates. We will provide an initial assessment, which will confirm an offer in principle based on your financial circumstances, but subject to a property valuation.
During your trip we will arrange an introduction to the Solicitor acting on your behalf, the Bank who will be providing the mortgage (where required) and the Management Company providing cleaning & rental services.
Amongst our staff we have independent financial advisers and mortgage brokers, who have in excess of 25 years’ experience. This experience is important when making vital financial decisions.
Most Portuguese Banks offer both repayment and interest only mortgages. Initially, Banks offer either the first 3 or 5 years on an interest only basis, to be followed by a review.
Once the property has been valued an offer will be made and this will be confirmed with your solicitor. At this stage you can proceed to purchase and your legal representative takes over the process and aims for a completion.
Mortgages in Portugal are non-regulated and you are not protected by the UK Financial Services Authority.
|
|
