You can print the application form for our Turkey Mortgage product via the link and send it to:

DHB Bank
Parklaan 8
3016 BB Rotterdam

After receipt of your application, your data will be verified with Experian and/or Equifax. If you are eligible for a Turkey Mortgage, you will receive an offer letter from us.

To apply for the Turkey Mortgage, in principle you need to have the following documents:

• Certified copy of your valid passport or notarized proof of identification.
• The most recent 3 original salary slips.
• Credit report from Experian or Equifax.

You need to send these documents with your Application Form.

Buying a property in Turkey involves, just as in other countries, some additional costs. These consist of the following:

Upfront Closing Fee
This amounts to 2% of the mortgage loan with a minimum of EUR 1,250 and is added to the net mortgage amount.

Appraisal cost
An expert appointed by DHB Bank will perform the appraisal survey of the property. The costs of the appraisal are borne by the client and are set at a fixed amount of EUR 400.

Property tax (Emlak vergisi)
'Emlak vergisi' is the property tax payable by you as the buyer, upon the transfer of ownership of the property at the Cadastral Office (referred to as 'Tapu' in Turkey). The property tax is 0,1% of the value entered in the Property Registry.

Transfer tax
This non-recurring tax of 3% relates to the value and location of your property as recorded in the Cadastral Office ('Tapu' as referred to in Turkey).

Approval by the Ministry of Defense (Savunma Bakanlığı)
Foreigners requires approval from the Ministry of Defense ('Savunma Bakanligi' as referred to in Turkey). to purchase property in Turkey. This should be applied for at the land registry, where the property is located. The buyer is responsible for obtaining this necessary approval. The costs can be taken care of by the buyer or the seller. If you have a Turkish nationality the approval of the Ministry of Defense is not applicable.

To prevent unexpected obstacles delaying or even preventing the transaction, you can ask the seller to fill out the form called 'Takyidat Belgesi' at the Land Registry Office. This document contains a range of detailed information related to the property. Completion of this document will not only significantly expedite the application procedure but will also help the timely identification of potential problems. However, the completion of a 'Takyidat Belgesi' is voluntary and can in no way be enforced. If you can obtain this document, we would like to receive it as early as possible, preferably when you return the signed proposal to us.

Insurance costs
This includes the term life insurance, DASK insurance, building insurance and optionally income protection insurance.

DHB Bank explicitly points out that insurances that have been bought in Turkey have a 1-year term and are not always prolonged automatically. It is your responsibility to make sure that all mandatory insurances are continued at all times.

	Application form
	DHB Turkey Mortgage prospect