A financing lifeline...

Financing is possible! Tower employs an in-house mortgage broker and is well placed to assist you source the finance you need, whether it's for buying, refurbishing, furnishing, re-financing or to switch your mortgage provider.

Tower Financing Solutions:

• Buying Purpose Mortgages
• Switch your Mortgage Provider
• Equity Release, re-financing
• Leasing option for registered Hungarian companies
• Personal loans for furnishing or renovations
• Re-negotiation of terms with bank

The 'credit crunch' hit in mid-2008 short-changing the banks and limiting their lending capabilities. Just like most European economies Hungary also felt the effects. However over the last two years Tower has sold many properties to buyers taking out Hungarian mortgages. Terms have changed a little but a range of interesting financing options are now available.

Some key points about today's mortgage market:*

• Loans are available in Hungarian Forint and once again in Euro
• Forint loan interest rate is 7.9%
• Euro loan interest rate is 6.5%
• Loan to value possible up to 75% of property value
• Equity release premium on top of regular rate is approx. 1%
• Personal loan rate is typically 8.1%, reducing over time

To get a full picture of what financing options are available to you contact us today and one of our representatives will be happy to take you through various options at no obligation.

*Disclaimer. Details mentioned above are understood by Tower Property Group at time of writing however all details need to be re-confirmed through contacting Tower. Financing depends on personal financial and legal status and is at the discretion of the given bank.