Let's get started (Method 1)

Have you heard of a cash back mortgage? (*)

In the UK the mortgage market is so competitive and some people change their mortgages regularly to make sure they pay the absolute minimum. In exchange for tying yourself to a mortgage company, they will give you a lump sum for moving your mortgage to them (normally for 5 years). The best rate we know is 6% (if you can not find a lender who gives 6% or if you find a rate higher than 6%, contact us for help).

This means that if you have a 100,000 £ mortgage they will give you 6,000 £ for changing to them. If we now look at the new entries to the common market like Bulgaria houses are still available starting from £ 2,000 ( € 3,000 ). In fact we have 1,500 properties in Bulgaria for sale under € 10,000 (over 10,000 Bulgarian properties in total). With your new found lump sum (which has cost you nothing to get, and your mortgage repayments are still the same) you have sufficient for a house in Bulgaria and an inspection flight and enough to cover the buying costs. You can buy this way every 5 years until the house prices skyrocket out of your range. This might not be your ideal purchase But if its some thing you would consider off you go to Bulgaria.

Bulgaria:

Weather : can be as low as -20°C in the winter so make sure your house has central heating.

Land : A lot of properties are sold just as the house not the land, beware if there was an accident and your house blew up, you wouldn't have the right to rebuild it as you don't own the land.

Estate agents : common sense should tell you that an agent in Bulgaria isn't going to take you in their car round 10 different houses all worth € 3,000 for a day and you don't buy as he would have wasted a day and a lot of petrol and if he did sell you a property his commission would be spent in taking you round. Most Bulgarian agents will charge you for an inspection tour and add a commission onto the price of the house you buy. There is more but now you can see you need an international real-estate company on your side with local knowledge and agents world wide which if where we come in.

We can arrange cheap inspection trips with accommodation and introduce you to an English speaking local agent that we have partnered up with for very little money. We have at least 10 more ways of buying houses 4 nothing (click here) to find out more. We will call you without any obligation to help you find the best solution and property for you.

So maybe we have made you a little curious

So do some homework: www.realE-states.com - here is a selection of our properties. By the time you have finished reading this site maybe the property you picked from our sister site will fit the magic model.

If you find this interesting please pass it on to friends they could be interested in shared ownership with you. Do not forget we are here to help you please feel free to contact us.

(*) - if you might be moving in the next couple of years this isn't for you as there is normally a redemption penalty if you change in the next 5 years.