Poland Mortgages

Since joining the EU in 2004 the mortgage market in Poland has improved considerably, particularly in 2007. We expect this trend to continue over the coming years.

Highlights of the Polish mortgage market

• 90% LTV finance is possible (70-80% LTV is typical)
  
• interest rates typically between 3.5 - 5% (euros) & 8.5% (PLN)
  
• 30 year terms possible
  
• upfront costs 1-2%
  
• mortgages available for self-employed persons
  
• refinance is available
  
• currently interest only mortgages are not readily available
  

Given the banks are more used to dealing with foreigners the mortgage application process has become easier, though it is still advisable to allow sufficient time to get your mortgage. Due to the credit crisis mortgage conditions have become slightly more restrictive than in the past.

Please contact us for a mortgage quote.

Polish Mortgage Data table

Base rate	5.25%
LTV Max	90%
LTV Typical	70-80%
Interest Rates Typical	3.5 - 8.5%
Term Max	30 years
Term Typical	20-30 years
Bank Fees	1-2%
Currencies	PLN, CHF, Euro
Time taken to obtain	3-4 months
Refinance?	Yes
Self-employed?	Yes
Non-status?	No
Interest only?	No