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INDIA
Keep in mind that for many countries, there is often more than one deal available and this page merely represents an overview of the typical requirements. For more detailed information, contact us! |
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| Typical Rate : | From 10.5% to 12.5% |
| Loan purpose : | Residential,Investment and Land |
| Min Loan : | Rs 5 lacs (approx £1,300) |
| Max Loan : | Rs 1 crore (approx £130,000) 85% loan to value. |
| Term : | Salaried 15 years. Self -employed 10 years. |
| Max Age : | 70 |
| Repay method : | Capital and interest |
| Currency : | Rupee |
| Additonal Info : | Available to Non Resident Indian nationals (NRI). Mortgage and term based on affordability and repayment capability as well as employment status. Income has to be proven as well as liabilities. General rule. New mortgage along with other liabilities must not exceed 50% gross annual income. Minimum annual income 21,000 GBP. |
We offer mortgages for over 50 different countries and can give you independent advice on the best source for your finance. Connect Overseas have a dedicated team of staff with many years experience and can offer all types of overseas mortgages including holiday homes, investment purchases and commercial mortgages.
Connect Overseas are based in the UK and are part of Connect IFA which is authorised and regulated by the Financial Services Authority. Connect Overseas are also licensed credit brokers and employ mortgage qualified advisers to assist you with your overseas mortgage needs.
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