Today, Komerční banka’s new special offer brings a significant advantage for mortgage loans with longer fixed-rate periods. For mortgage loans with fixed-rate periods of 5 or more years, the interest rate has been cut by as much as 0.6 percentage points. Thanks to the cut, and waiver of the loan processing and property valuation charges, KB’s clients can save up to tens of thousands of crowns over the time for which their pay their mortgage.

“Rates of interest on mortgage loans are currently near their lowest levels ever. This special offer reaches out to clients who want to fix such a low rate for periods of up to 15 years,” said Pavel Filipi, Head of Retail Banking Marketing at Komerční banka.

All clients who opt for fixed-rate periods of five or more years, file an application for a mortgage loan by 31 May 2012, and sign the mortgage loan agreement by 15 July 2012, will receive a mortgage loan for housing from Komerční banka without the loan processing and property valuation charges.

Clients can also use the other benefits of KB’s most popular mortgage loans:

  • With Flexibilní hypotéka [Flexible Mortgage Loan], clients can defer the beginning of repayment by up to 12 months, reduce the monthly instalment by up to 50% at any time, interrupt repayment for up to 3 months and repeatedly pay extraordinary instalments of up to 20% of the loan;
  • Thanks to Hypotéka 2v1 [Mortgage Loan Two in One], KB’s clients can use one loan for financing all investments related to the purchase, construction or refurbishment of a property and also investments in household furnishings and for other necessary expenses.

“At Komerční banka, clients can obtain up to 100% of the required amount. The superior services provided by relationship managers to clients are a matter of course at Komerční banka – all services, including property valuation and the ownership title certificate from the land registry, are offered to them at a single point, and all of this quickly, without any unnecessary paperwork and now also without the fees for loan processing and property valuation,” added Pavel Filipi.