• Currency - EURO
• Interest Rate - 7%, variable
• Loan to Value - Up to 70% of the valuation
• Term - 5-20 years
• Minimum Amount - EUR 40,000. No maximum

Borrowers - All UK and Irish residents will be entitled to the product as long as they are over 21 years old and below the age of 70 at maturity of the loan. Mortgages are also available to companies against the personal guarantee of the company's UK beneficial owners. Other terms may apply for company loans.

• First ranking mortgage on financed property in Bulgaria
• Pledge over company's assets (for company loans)
• Personal guarantees of beneficial owners (for company loans)
• Repayment Method - Capital and interest, in equal monthly instalments

Early Repayment Charges - For repayment of the mortgage within 3 years of completion an early repayment fee will be charged. This fee will be 3% in the first year following completion, 2% in the year 2 and 1% in year 3 of the outstanding balance of the loan.

Arrangement fee - 1%

Building Insurance - Fire, Flood and Earthquake

Life insurance - Not required

Fees - The borrower will also be subject to legal fees and costs, as well as administration and valuation fees

EXAMPLE - It must be noted that the example below is for indication purposes only but a full illustration is provided to customers at application stage.

Repayment Type Capital Repayment

• Amount - €50,000
• Term- 20 years
• Interest Rate in Euros - 7%

(You will be notified of any change to the interest rate at least one month in advance)

• Arrangement fee - 1% (of Loan amount - minimum EUR 400)
• Application Fee - €500
• Estimated valuation fee1 - Apartment - €108
• Building Insurance - €100
• Legal Fees - (Joint representation) - €84
• Notary Fee €2,000 (Maximum Euro 1,500)
• Filing in the real registry fee - €212
• Monthly payment - €50