With thousands of military personnel serving overseas, it’s no surprise many would like to buy property abroad. Southern Cyprus has experienced a huge surge of activity in the property market recently and Conti expects that this area in particular will be popular with the military.
Conti offers packaging services for loans secured against overseas residential property and can arrange finance on holiday homes, investment and retirement properties in over 40 countries, with over 225 mortgage products currently available. France, Spain, Italy, Portugal, Cyprus, South Africa and the USA are amongst the most popular destinations, but many more are available from Bulgaria to the Caribbean, with other countries continually being introduced as the overseas market expands.
Forces Financial, part of the R3: Group, focuses on providing bespoke insurance and financial products to serving and retired members of the UK police and armed forces and the MOD throughout the world. Forces Financial is committed to providing its customers with the best possible financial solutions, and with Conti it can now provide its clients with a complete mortgage service to purchase and insure overseas property.
Forces Financial has a network of branches and field sales teams operating in the UK and Europe. All enquiries for overseas mortgages will be passed directly to Conti, who offers free financial pre-qualification on all applications. All mortgage applications are processed and underwritten by Conti’s teams of specialists, who know the mortgage application requirements for each overseas lender. Their extensive and expert knowledge ensures that every step of the purchase process is faster for both buyer and lender.
Al Voice, managing director, Forces Financial, said: “We’re now in a great position to help fulfill some of the aspriational dreams we all have from time to time to purchase an overseas property. I know from recent conversations with personnel at many levels in Germany, Cyprus and the UK that this is going to be significant addition to our services. A large percentage of our clients are posted overseas, so their familiarity with local property markets makes a foreign property purchase a serious consideration for many of them.
“My own experience of buying overseas some years ago was pretty nerve racking – I remember leaving the solicitors office in Cyprus feeling far from confident about the legalities of the deal I had just signed. So I have a personal interest in providing our clients with independent advice and expertise to secure the best mortgage deals, to give them the confidence and peace of mind to enjoy their investment.”
Simon Conn, managing director of Conti Financial Services Ltd, said: “We’re delighted to be associated with Forces Financial and I am sure the partnership will be a great success.
“With the vast number of people serving overseas, many are in a position where they’d like to settle overseas or simply buy a holiday home or investment property. This is where we can help. We’ve been in the business of helping people finance overseas property for over 12 years, and this combined with the knowledge and experience of Forces Financial, clients can rest assure they are in safe hands.”
