by Robin Petrásek | Jan 10, 2024 | News
Almost two years ago, the Czech National Bank (CNB) introduced three regulating parameters to limit how much the banks could lend customers (DSTI, DTI and LTV), which essentially considered personal debt and income against the mortgage value. This, along with...
by Robin Petrásek | Dec 29, 2023 | Blog
To close up on the year, I would like to share a few exceptional expat mortgage case examples that might seem impossible to get approved, yet actually were. Less than 6 months in the Czech Republic and 100% financing! For the first story, we have to travel back in...
by Robin Petrásek | Dec 18, 2023 | News
About 50% of property purchases are made with the help of a mortgage, despite relatively high-interest rates of around 5.5%. However, just because a bank has agreed to give you the mortgage, doesn’t mean it’s all smooth sailing from there. When you have financing from...
by Robin Petrásek | Dec 4, 2023 | News
Did you know that you can break your mortgage fixation, sell your property, and refinance anytime, even if you fixed with the bank for three, five, or eight years or so? The bank must allow you to close the mortgage prematurely… for a cost. And there is a big change...
by Robin Petrásek | Nov 30, 2023 | Blog
Buying a property in another country is simply not as easy as ordering food delivery through a phone app. That is a fact. The Czech Republic might not be the simplest when it comes to bureaucracy, language, and banking so today I want to share the three biggest...
