Overseas property news - Italian mortgage rates from 2.5 per cent

Italian mortgage rates from 2.5 per cent

Brokers with clients considering a property purchase in Italy can access mortgage rates starting at 2.50% and LTVs of up to 80% for loans with a minimum value of €250,000 through overseas mortgage specialist, Conti...

Clare Nessling, Conti's Operations Director, said, "The Italian property market has remained remarkably intact, primarily due to the country never being heavily involved in the sub-prime lending market.

"Nor has it suffered the effects of the over-development of property, like Spain for example. These new rates will therefore provide an even greater incentive to buy property there."

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