| CURRENCY |
Cyprus Pound (C£) |
| LOAN AMOUNT |
Minimum amount: The equivalent of C£10,000. |
| REPAYMENT PERIOD |
10 -25 years or until the customer's 70th birthday |
| REPAYMENT METHOD |
Monthly installments via Standing Order |
| CAPITAL REPAYMENT GRACE PERIOD (optional) |
Up to 2 years (6, 12, 18, or 24 months) Interest
is paid monthly |
| CUSTOMER CONTRIBUTION |
Minimum contribution 20% of the property's value |
| INTEREST RATE |
Base Rate + 1 ,00% for the first 2 years Base
Rate + 1,50% for the remaining years |
| CHARGES |
> CYP 20,00 Documentation Fees > 0,20%
Arrangement fees upon approval of the loan >
0,20% Foreign Administrative Fee (wherever applicable) |
| APR (For loan amount C£50.000,
20 years repayment period, no grace period) |
7,05% |
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