Property in Zakynthos

Get the very best rates on your currency exchange.

Every year, our currency specialists help people save money on property transactions by getting the best exchange rate and not charging fees or commission.

They can  also help if you have regular payments such as mortgage repayments, pension transfers or any other regular currency transfer by getting the most competitive rates.

And by fixing the exchange rate for up to 2 years you can protect yourself  from adverse exchange rate movements and remove the worry caused by exchange rate fluctuations.

The benefits of using our currency specialists include :

• Better exchange rates than your bank
• No hidden charges; no commission fees or transfer charges
• Dedicated currency experts offering simple, jargon free currency advice tailored to your individual needs.
• Fast, highly secure payments for complete peace of mind.
• Protection against negative exchange rate movements with fixed exchange rates for up to 2 years
• Quick and straightforward registration
• Simplicity of  use

Registering is simple and will take only a few minutes of your time. Registration is free, and carries no obligation to trade and allows you to call them for guidance free of charge.

Find out how much you could save when you need to send or receive foreign currency.

If you have any questions or would like to know more, please call us on freephone  0800 404 8081 or use our enquiry form.

United Kingdom

If you require a re-mortgage or second mortgage using your UK home to release equity for the purchase of your Greek property then we can provide you with all the assistance you need through our independent financial advisory service.

Your advisor will have a wealth of experience of advising in the UK mortgage market and will be fully qualified holding The Chartered Institute of Bankers Certificate in Mortgage Advice & Practice, and The Chartered Insurance Institute`s Advanced Financial Planning Certificate.

Your advisor  will look at your individual case in detail and offer you a no obligation quote free of charge. No fee is payable by you should you decide, for whatever reason, not to proceed.

Greece

Alternatively, a mortgage could be secured on your new property in Greece using our very experienced in-house Greek Mortgage Consultant. For this option a simple Pre-qualification Questionnaire is completed and processed free of charge thereby avoiding any unnecessary wasted time and money.

A brief guide to Greek mortgages follows.

1. Eligibility and Criteria

•  Available for purchases and re-mortgages
•  Loans available in Euros only.
•  Available on a Capital & Interest repayment basis
•  The maximum loan to value for a purchase is 70%, Construction loans are also available.
•  The maximum term is 25 years – available to age 70.
•  The minimum loan amount is €25,000

All schemes require full documentary evidence of income – ‘self-certification’ mortgages are not available

2. Affordability

To qualify for a mortgage in Greece, a calculation is used to establish whether you can afford to maintain the mortgage repayments.

Your existing liabilities, including your UK mortgage or rental payments, UK council tax, loans, credit card payments and maintenance are taken into account, together with the proposed Greek mortgage payments.  All this must not typically exceed 30% of your monthly net income.  For example if your net joint income is £3,000, 30% of this equates to £900.  If your only liability is your current UK mortgage payment of say £500 per month, this would leave a balance of £400 for your Greek mortgage repayment.

The amount that you can borrow is also restricted by the maximum loan to value as mentioned under Eligibility and Criteria.

3. Proof of income requirements

If you are employed:

•  Your last three month’s payslips
•  Your latest P60 and/or employers reference
•  Your last three month’s personal bank statements

If you are self-employed:

•  Your last two year’s audited accounts or Accountants reference (Euro loans only)
•  Your last 3 month’s personal bank statements

Other documents will be required and will be confirmed when application forms are sent to you.

Please note your home may be repossessed if you do not keep up repayments on your mortgage

If you have any questions or would like to know more, please call us on freephone  0800 404 8081 or use our enquiry form.

Tax Return Filing Service

It is mandatory for everyone, even for those who live outside Greece and who do not have an income in Greece, to submit an Income Tax Return if they own property in Greece.

We can offer you an an affordable simple, hassle-free, professional  service ensuring tax compliancy in Greece.

If you have any questions or would like to know more, please call us on freephone  0800 404 8081 or use our enquiry form.

Will Writing Service

Although it is not compulsory to have a Greek will it is advisable to have a separate will for any country in which you own property.

When a person dies, assets can be dealt with immediately under local law without having to wait for the granting of probate in another country. The administration of the estate is also cheaper.

Having a Greek will for your Greek assets speeds up the will’s execution and saves the long and complicated process of having a foreign will executed in Greece.

If you have any questions or would like to know more, please call us on freephone  0800 404 8081 or use our enquiry form.

Property Insurance

Comprehensive and flexible insurance for holiday homes and holiday lets

In the excitement of buying a holiday home in Greece, arranging insurance may not seem a priority. Unless you have a mortgage it is up to you whether or not you  arrange for buildings and contents to be insured.  Obtaining adequate cover is particularly important if you are planning to let your holiday home. Not only do you need to protect yourself for damage caused by tenants, but also look at issues of your own liability. And remember that cover must also include earthquake risk

We have insurance providers that specialise in providing comprehensive cover for your overseas property. The providers have exceptional products that  are flexible and designed specifically to meet your needs, whether your home is occupied or unoccupied, let short or long term.

All policies offer a host of benefits, but one of the key advantages is the UK-based English speaking teams that resolves any problems that may arise. In addition, all policy documentation is written in English - so you know exactly what you are getting.

Add essential public liability cover, particularly with the trend towards litigation - and you have truly comprehensive cover at a very competitive price.

If you have any questions or would like to know more, please call us on freephone  0800 404 8081 or use our enquiry form.

Medical & Travel Insurance

All expatriate healthcare plans are brought to you by experienced insurance healthcare specialists and world leading providers of underwriting, assistance and claims services. You will receive uncomplicated service-driven medical cover designed solely for expatriates.

They have a wealth of experience and insight into the wants and needs of expatriates and extensive travellers and strive to provide simple, effective and easy-to-understand products and services which are benefit rich; backed with reliable delivery in all aspects of the service, whether that be fulfilment and enrolment, claims or worldwide assistance.

Expatriate healthcare is available to all persons living or working outside of their country of nationality, with the exception of persons residing in the USA and Switzerland.

If you have any questions or would like to know more, please call us on freephone  0800 404 8081 or use our enquiry form.