A little help!

Discussion in 'Finance, Property, Law' started by B_AND_T, Jul 1, 2009.

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  1. B_AND_T

    B_AND_T LE Book Reviewer

    In a couple of years I will have about 40,000 euro's to invest in a house in Germany.

    Anyone got any idea what mortgage I could get in Germany?


  2. What you do with the money and how is mystical magic here in the fatherland............I have my own house and have experienced the mortgage system in the Uk, nothing like it here and you will find that your mortagage is split up between 3 4 or even 5 different loans all running different periods.............................confusing I grant you , however each period is for different things, and runs at different rates................gets worse eh?
    You then re-mortgage at a better/worse rate as each of the up to 5 loans runs out............
    It is very very never never system, you can if you wish buy and splash the lot out , but why? Ever seen a german with an income driving a shite car and living in a dump?
    Your pension is enough to just about guarentee a good car and a safe mortgage.
    Thank fik for living in a land with morals, that said is Poland not due a kicking?