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EU court decision on Polish mortgages in Swiss Francs (CHF)
Last week an EU court decided that clauses of a mortgage indexed in CHF are illegal and should be removed. In consequence the mortgage should be…
Read moreSpanish property repossessions and Dacion en Pago
Many of our clients (particularly from the UK & Ireland) own property in Spain, and unfortunately over the last few years (due to falling property prices, low…
Read morePrague.tv partners with Sim Property for Czech mortgages
We're proud to announce that prague.tv has chosen Sim Property to provide their clients with Czech mortgages. Sim Property can get clients great rates on mortgages…
Read moreCzech mortgages getting more expensive
New financial regulations are being introduced in the Czech Republic on the 1st December 2016, for example, mortgage banks will no longer be able to charge…
Read moreNegative equity in Poland and how Polish banks deal with it
Primarily as a result of the popularity of Swiss Franc (CHF) mortgages during the Polish property boom of 2004-2008, the subsequent increasing exchange rate between the CHF…
Read moreChange of Czech property sales tax rules
It was recently announced that the government have finally signed into law the change of Czech property sales (transfer) tax rules. The result is the seller of…
Read moreSwiss mortgages in Poland saga
It all started in mid January 2015 when the Swiss National Bank decided not to defend its exchange rate against the euro. This resulted in a…
Read moreCzech mortgages – LTV decreasing
New rules being introduced by the Czech National Bank mean that soon Czech banks will no longer be legally able to offer 100% LTV mortgages (the…
Read moreHow to avoid high Czech mortgage redemption penalties
How to avoid high Czech mortgage redemption penalties At Sim Property we’ve done a lot of sales over the years for our clients throughout the Czech…
Read moreMax LTV decreasing for mortgages in Germany
The max LTV for foreigners looking to get a mortgage in Germany is currently 70%, however, due to changes in the mortgage laws this will decrease…
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