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Romanian Mortgages

Romanian mortgages are now available to non-Romanian citizens, although there are still fairly stringent measures in place. A deposit is payable when the pre-contract is signed and 25 per cent (minus the pre-contract deposit) of the property price has to be paid in cash when the contract is signed.
Before buying a Romanian property, you could use a buying abroad specialist which can help with the following:

Finding the mortgage deal to fit your individual requirements
Enlisting the services of a solicitor
Setting up a local bank account
Learning the language and health care access

Whether you are interested in Romanian mortgages for investment purposes, or you can imagine spending a lot of time there yourself, it is worth obtaining several quotes before you decide on the right Romanian mortgage offer.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.