Yes, the buyer will purchase your property
and take over your mortgage loan.
We will screen the buyer, similarly as any other mortgage loan applicant. In case they fulfil all applicable conditions, they can purchase the property.
We will deduct the current mortgage loan balance from the property purchase price. Once the change is made in the register, we will transfer the money to your account.
Do not worry – it is a relatively quick and simple process. In case you are considering it, please contact us. We will advise you on everything.
In case the interest rate renewal period is drawing near, you can refinance the mortgage loan using your own financial funds. However, this process must be properly timed and planned well in advance.
Updated: 30. 10. 2020
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