Currently there are no mortgages available for foreigners that are secured on the Turkish property. However, the Turkish authorities and banks are working hard to make mortgages available as soon as possible.

In the meantime, if you need to borrow to buy then the simplest way will usually be to borrow against property you own in the UK. If you already have a mortgage broker or financial advisor in the UK then by all means speak to them.

Paying for Turkish property in pounds is no problem, and given the attractive property prices available at the moment, covering repayments with rental income may be easier than you think.

This list has been complied and intended for guidance only. It should not be considered a substitute for individual professional legal advice.

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