Caribbean Property Receives Expanded Mortgage Boost

The Caribbean property market has always been an attractive one for investors and expats searching for investments or second homes. Now, these properties have become all the more attractive and easy to buy with the newly introduced mortgage services by Caribbean Land and Property Financial Services (CLPFS).
So far, non-nationals had to secure loans from their home country in order to buy property in the Caribbean. This kept many-a-buyer away from the islands. The new service from CLPFS has opened up the market as it is available to nationals, resident expatriates as well as foreign buyers. Investors can get a mortgage of up to 75% of the valuation of the Caribbean property or land.
Talking about the service, Katie Sosna, Manager of CLPFS said, ?This service should help a lot of people who want to get on the property ladder in the Caribbean. We aim to make the process as simple and speedy as possible. Those interested in the mortgage service should contact us through our website and we will follow up immediately from there.?


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