Blog by Michael Clay

PKO BP Sells Over zl.1bn in Mortgages in October

PKO BP bank sold over zl.1 billion in mortgage loans in October, vice president Wojciech Papierak told the PAP news agency.
"Both in September and October sales of mortgage loans exceed zl.1 billion," Papierak said.
The bank said earlier that mortgage sales in Q3 totaled around zl.3.2 billion.

Here in the UK PKO BP has new products to offer both UK residents both Polish and British. Being forward thinking, they are able to provide mortgage loans to buyers of property in Poland with excellent facilities of up to 100% LTV.

At a seminar at PKO's offices in London, at which Michael Clay spoke about the property market in Poland, the range of loan facilities was unveiled. These included a service providing mortgages to Employees, Self employed and Directors of Ltd UK companies.

This seems to be a great step forward for PKO in their efforts to increase business with the UK investor market and whilst in PLN the interest rates should prove to be very competitive.

Contact can also be made with DKM Real Estate in London on +44 (0)208 621 4000 and online at www.dkm.pl. They are abe to provide a member of staff free of charge to help potential borrowers to complete bank application forms.