In the UK and France, the most favorable conditions mortgages for the Russians

The international mortgage broker Lowell Finance published an analytical report "Mortgage lending in Europe. H1 2010 ", which provided information on 8 European countries, demand for real estate in which the Russian property buyers is consistently high, along with the available features of mortgage lending. The report was prepared on the basis of the experience of lending in the first six months of this year. "We wanted to give an objective and relevant information for property buyers abroad from Russia and CIS countries, receiving a loan, rather than theoretical knowledge, which periodically mislead customers", - the report says. According to the report, the minimum rates on fixed-rate mortgages are offered to Russians in France (from 2.95%), the UK (3.2%) and Cyprus (3.4%). For loans with a floating rate in the United Kingdom (2.2%), France (2.3%), Italy (2.75%), Spain (2.85%) and Germany (3.4%) . The maximum loan amount that can get the Russians, noted in France, Cyprus (80%), Spain, Italy, Great Britain, Greece (70%), while in Germany the Russians will be able to repay the mortgage by up to 60% of the cost of housing. The maximum credit terms for the Russians offered by banks in Cyprus and Spain (to 40 years). In France, Italy and Greece can get a mortgage to 30 years. At the same time the United Kingdom, Germany and Greece are among the countries where the possibility of obtaining mortgages for the Russians severely limited.