MORTGAGES Mortgages Rentals  

Yes, we believe that we are the first developer to offer Mortgages to buyers of North Cyprus properties, based on the security of the property and not on the Purchaser's assets in the UK.

A customer can apply for a Mortgage in respect of any Wellington Estates property.

Details of the Mortgage arrangements are on the main Mortgage Page

We normally require a £30,000 deposit, with the balance payable by way of Mortgage.

The rate of interest is variable, and in the following examples we have used the methodolgy adopted by the UK Financial Services Agency for the calculation of the monthly repayment.

For example -

 
3 Bed Fantasy
4 Bed Fantasy
3 Bed Nebula
   
House Cost
£93,000
£112,000
£80,000
   
Pool (8 x 4m)
£14,300
£14,300

£14,300

   
 
   
Total
£107,300
£126,300
£94,300
   
 
   
Deposit
£30,000
£30,000
£30,000
   
 
   
Mortgage
£77,300
£96,300
£64,300
   
 
   
Monthly Repayment
£669
£833
£556
   
over 15 years  
   
     
   
APR Estimate from FSA
6.4%
6.4%
6.4%
   

 

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