FORUM
  Home
  Forums
  Photo Gallery
  TLF Donations
  Forum Rules
  Register
  LINKS
  Property Buying Guide
  Didim Google Map
  Weather Station
  FUN
  Arcade Games
  Daily Crossword
  Jen's Chat Room
  Lira Exchange Rates
Old 5th February 2009, 12:11   #1 (permalink)
Member
 

Thanks: 9
Thanked 14 Times in 3 Posts
Andrew1979 will become famous soon enough
Buying costs - mortgage costs

Dear all

I have a query I was hoping the good members of this forum could help me with.

We took a mortgage with IsBank and on completion my builder has said he had to pay an additional amount to the Turkish government for registering the mortgage on the Tapu. The additional cost is 260.

He has sent me three receipts for this which add up to 590 TL.

Can anyone confirm whether or not these costs are genuine. I can forward a copy of the receipts for you to look at if need be.

Thank you

Andrew
Andrew1979 is offline send PM Reply With Quote Share on facebook
Old 5th February 2009, 12:23   #2 (permalink)
tjd
Senior Member
 

Thanks: 476
Thanked 1,443 Times in 820 Posts
tjd has a brilliant future tjd has a brilliant future tjd has a brilliant future tjd has a brilliant future tjd has a brilliant future tjd has a brilliant future tjd has a brilliant future tjd has a brilliant future tjd has a brilliant future tjd has a brilliant future tjd has a brilliant future
Re: Buying costs - mortgage costs

Andrew,

I can't really help with this but a couple of possibilities come to mind before I'd be asking an open forum for advice.

Have you asked your solicitor the same question?

Have you asked in Isbank if they know of a cost for this and what it is?
__________________
Beer has food value - but food has no beer value!
tjd is offline send PM Reply With Quote
Old 5th February 2009, 12:30   #3 (permalink)
Member
 

Thanks: 9
Thanked 14 Times in 3 Posts
Andrew1979 will become famous soon enough
Re: Buying costs - mortgage costs

Have just sent off a query to IsBank regarding this and I am waiting on their reply.

Same goes for my solicitor.

Was just wondering if anyone else could help in the mean time.
Andrew1979 is offline send PM Reply With Quote
Old 5th February 2009, 22:05   #4 (permalink)
Real Estate Agency
 

Thanks: 0
Thanked 2 Times in 2 Posts
PPS Turkey is on a distinguished road
Re: Buying costs - mortgage costs

Hi Andrew. When the bank release/released the loan to you they require an ipotek to placed on the TAPU registering your debt to them. This is to prevent you selling the property without paying back any outstanding mortgage amount. The TAPU office charge for placing an ipotek is 1.2% of the loan amount so if you mortgage is around GBP20k then this is about right. I am sure the bank would require you to pay this. You should ensure you get the receipts though and also a copy of the hypotek to ensure the correct amount of debt has been registered on your property. You or your Power of Attorney would have to sign the ipotek application at the Land Registry and the transaction takes place at the same time the TAPU is registered in your name.

Hope this helps.
PPS Turkey is offline send PM Reply With Quote
Reply

Tags
buying , costs , mortgage


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
TLF's great big property buying guide (as detailed by all its members) Paul Clements Buying property in Turkey & North Cyprus 32 4th March 2009 10:55
Buying costs Mushtaq Buying cost 43 26th March 2008 20:52
Re: Buying costs dusty Buying property in Turkey & North Cyprus 1 24th August 2005 14:36
Info on buying costs through an agency? PAUL SMITH Buying cost 6 24th August 2005 03:02



All times are GMT +1. The time now is 06:49.
TurkishLiving.com tested by Norton Internet Security TurkishLiving.com tested by McAfee Internet Security
Powered by vBulletin® Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Style Provided By: Wrestling Clique - Wrestling Forums
TurkishLiving.com


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155