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Best Italian Mortgage Broker

Best Italian Mortgage can arrange Italian mortgages for the purchase of Italian property.

Best Italian Mortgage can arrange Italian mortgages at a loan to value (LTV) of up to a maximum of 60%, depending on the property location, the property condition and the borrowers financial profile, with a minimum mortgage amount of €70 000 (property purchase price should be greater than €118 000).

Properties should be in a 'habitable' condition to be able to proceed with an Italian mortgage, thus meaning they should have working kitchens and bathrooms, and, be connected to utilities.

Due to the current difficulty in arranging finance and the additional work involved in placing your case, we will charge a 'finance finder' fee, due at the outset.

An additional succession fee will be charged by our partner banks/lending establishments in Italy. The succession fee may equate to up to 3% of the mortgage value, with a minimum fee of €3,000 (Euros), payable upon the completion of your property purchase. This is standard practice when financing in Italy and should become part of your overall purchase costs percentage.

The initial non-refundable ‘finance finder’ fee is calculated at 0.25% of the required loan amount, with a minimum fee of £995 + v.a.t. This fee is payable prior to us submitting your profile and documentation to the team in Italy.

Slide Background
Best Italian Mortgage Broker

Best Italian Mortgage can arrange Italian mortgages for the purchase of Italian property.

Best Italian Mortgage can arrange Italian mortgages at a loan to value (LTV) of up to a maximum of 60%, depending on the property location, the property condition and the borrowers financial profile, with a minimum mortgage amount of €70 000 (property purchase price should be greater than €118 000).

Properties should be in a 'habitable' condition to be able to proceed with an Italian mortgage, thus meaning they should have working kitchens and bathrooms, and, be connected to utilities.

Due to the current difficulty in arranging finance and the additional work involved in placing your case, we will charge a 'finance finder' fee, due at the outset.

An additional succession fee will be charged by our partner banks/lending establishments in Italy. The succession fee may equate to up to 3% of the mortgage value, with a minimum fee of €3,000 (Euros), payable upon the completion of your property purchase. This is standard practice when financing in Italy and should become part of your overall purchase costs percentage.

The initial non-refundable ‘finance finder’ fee is calculated at 0.25% of the required loan amount, with a minimum fee of £995 + v.a.t. This fee is payable prior to us submitting your profile and documentation to the team in Italy.

a The Best Italian Mortgage Key Points

Best Italian Mortgage will work with you in English, but most Italian banks will require you to complete their Italian mortgage application in Italian. Some Italian banks may also require you to submit all supporting documents with a certified translation into Italian.

Your Best Italian Mortgage application will be processed in Italy by an Italian bank.

Legal fees and property transaction taxes cannot be included in Italian mortgages for non-resident.

Most Italian banks will offer a maximum loan to value (LTV) ratio of 60%.

Italian banks will require you to have a strong net asset position in order to qualify for an Italian mortgage.

Italian banks will expect you to have a low personal debt to income (DTI) ratio and a secure source of income. Generally this DTI is in the region of 30%. So all of your outgoings, including the new Italian mortgage repayments, existing mortgage payments, rental payments, loans and credit card payments should be lower than 30% of your income.

Italian banks will currently only accept applicants with an income paid in British Pounds, Euros, Swiss Francs and US Dollars.

We will not be able to process any applications that do not fit the requirements above.

You will find details of our current range of Italian mortgage products on our Italian mortgage products page.

Italian Mortgage Broker Rates - May 2022

Years TermInterest RateLTVFixed / VariableTypeMinimum Mortgage €Notes
82.05%60%FixedRepayment100,00096 identical payments
102.05%60%FixedRepayment100,000Subject to valuation
152.10%60%FixedRepayment150,000Minimum age 60
202.25%60%FixedRepayment600,000 Rate fixed for the term
202.30%0%FixedRepayment100,000Refinance not currently available
252.35%60%FixedRepayment100,000 Subject to valuation
Italian Mortgage Broker Rates | Representative examples of current Italian mortgage rates from our extensive panel Italian lenders | Best Italian Mortgage