Starting 1 April the Czech National
Bank regulates mortgages with higher LTV ratio. In practise it means
that the banks could provide to the new clients mortgages only up to 90% of a purchase price, resp. a pledge value.
Moreover, the best mortgage conditions are for the mortgages up to 80% from 1 April 2017.
Last year it was possible to get 100% mortgage and since 1 October the maximum mortgage was 95% LTV.
On the other side many clients has their own savings and we usually recommend to have a deposit of 15-30% from the purchase price.
If you think about financing of a property in the Czech Republic, feel free to ask us for a preliminary calculation.