QUiCK ViEW ON POLiSH MORTGAGES

When you invest abroad you might consider a foreign financing. Below you will find few advantages of taking local mortgages in Poland:

• The ability to use your Polish property as the collateral – which allows you to potentially borrow more money and avoid establishing mortgages on other properties in your portfolio
• You may offset interest payments from your loan against income from the property to reduce your tax bill (this is hardly possible if you borrow the money against your primary residence, which does not generate income)
• The ability to borrow in a range of currencies (EUR, GBP, PLN, CHF, USD) to either
  • Access lower interest rates of foreign currencies such as Swiss Franks (CHF) (starting from 3,76%)
  • Or avoid the foreign exchange risk
• Typical Loan to Value (LTV) of up to 80-90% helps in building beneficial leverage ratios

Mortgage market in Poland is growing and our economy has realy strong foundations. It encourages many banks to realese new mortgage products available for foreigners on the market. Among them we find and offer:

• Even 5 years interest-only mortgages
• The mortgages with up to 5 years pre-defined constant interest rates
• Buy-to-let mortgages for investment purposes, which take into account a proportion of the predicted income from your property (typically 50-70%) in addition to your personal income. (It significantly improves you credit ability and enables to borrow more money)
• The base-on-current-property-value mortgages. (Bank takes into account the current valuation of the property to prepare the offer for applicant. It results in lower margin and better conditions)