Morocco Finance
Purchasing a property is one of the most important decisions any of us will ever make. With this in mind we believe in going the extra mile to ensure that the purchase process is made as simple as possible. We will ensure that the process is explained, assess your financial situation, find the best mortgage available to meet your requirements and liaise with all parties involved.
We will introduce you to a team of experienced professionals who are dedicated to providing the best quality of service and advice to clients wishing to purchase in Morocco. Some developers will have a preferred partner for the mortgages their properties but speaking to an independent unbiased supplier of finance is invaluable.
The companies that we can introduce you to have a great deal experience in the financing properties in Morocco, they offer clients an unrivalled level of service and professionalism. Our aim is to assist you every step of the way to make the funding of your property run smoothly.
Their expertise covers the full spectrum of the property market. They have experience in arranging finance for apartments to villas, first time buyers to investors, for families relocating or purchasing their holiday home. Whatever your requirements are, the aim is to provide top quality advice and the level of service you would expect from an experienced company.
We want you to have peace of mind
Agreement in principal
- If you are buying an off plan property and want the peace of mind of knowing you can have the mortgage before committing to the purchase, we are able to obtain an agreement in principle from a lender. We can organise for a consultation at an any stage of your purchase.
- Our specialists will help you find the best mortgage deal in Morocco, we have lenders who will also consider equity release in order to facilitate your Moroccan purchase.
- In the mean time if a new product is being introduced to the Moroccan Mortgage market during the period of construction of your off-plan property, we will of course endeavor to obtain it for you at no extra cost.
DOCUMENTS REQUIRED
The following information is an indication of the information that needs to be supplied. This will vary from bank to bank but it is
NON-RESIDENTS EMPLOYED
- Passport
- Last three monthly pay slips
- Income Tax Declaration: P60
- Last six months bank statements
- Bank reference
- Experian report
- Employment contract
- Employer’s reference (Time at current position and National Insurance Number to contrast it with payslips)
NON-RESIDENTS SELF-EMPLOYED
- Passport
- Letter from chattered accountant confirming net income
- Declaration of assets
- Declaration commitments
- Profit-loss statement
- Last six months bank statements
- Bank reference
- Experian report
- Fiscal Documents: Personal Tax Return and Self-assessment Tax Return
PROPERTY
- Proof 30% purchase price is in a Convertible Dirham account in Morocco
- Property certificate
- Sale agreement or reservation form between the buyer and developer which will include the description of the property to be financed.
- Notary’s certificate.