Mon, 25 Jun 07
The introduction of a new mortgage law in Turkey will help to boost country's property market, claims Property Showrooms.com...
Writing for website Mortgage Introducer, Jane Griffiths said that investors will now be able to take out a mortgage over a term of up to 30 years from January 2008 wildly different to the Current position, where buyers can only apply for short-term mortgages.
She added that a recent improvement in economic conditions in the country has allowed the government to loosen mortgage regulations and open up the market to more property buyers, providing opportunities for buy-to-let investors looking to capitalise on the business created by the 25 million people who visit the country every year.
"The current economic climate in
Property investment firm Principal International recently claimed that
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