Connect Overseas launches Italy mortgages

Nia Williams

May 17, 2011

Highlights of the range include interest rates from 3.25% variable rate with a 4.05% fixed rate option at 80% loan to value starting from €250,000.

Figures from BNP Paribas reveals over 30% of Italy’s overseas buyers are from the UK.

Bernadette Byrne, mortgage business developer for BNP Paribas International Buyers, said: “We are very pleased to have Connect Overseas as one of our partners marketing these products to their intermediary clients.

“We estimate the market for UK buyers will be worth potentially up to €615m in 2013 and our product range reflects the confidence we have in the Italian market which has proved to have been resilient in the face of financial crisis.”

Liz Syms, managing director of Connect Overseas, said: “We are pleased to be offering these new mortgages which are now on our website, where intermediaries can access all the product information necessary to source, quote and advise clients.”

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