Property in Bulgaria

How much can I borrow for a house in Bulgaria & what proof of income is required?

Please note, that there are no non-status/self-certification mortgage facilities accepted by the lender for houses/property in Bulgaria.  All mortgage applications need to be supported by a minimum requirement of proof of income

The lender will NOT take into consideration any proposed Rental Income from the Bulgarian property for mortgage repayments. If you would like to talk to an adviser who can help with the financial side of buying a property in Bulgaria use our short enquiry form to speak to an adviser

Your loan for a property in Bulgaria is based on your joint, net take home pay and is calculated on an affordability basis. All your existing liabilities (outgoings for loan, UK mortgage, divorce payments etc.) together with your proposed Bulgarian mortgage monthly payments must not exceed 40% of your net monthly income.

If you are looking for more information on investment properties, why not click on one of the links below?:

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. 
The above mortgage detail is for information purposes only as does not constitute financial advice under the Financial Services and Markets Act 2000.