| Mortgages Portugal | | | | all clients complete a 'Financial Fact-Find', which serves |
| Professional Investment Consultants (Europe), the | | | | a dual purpose" says Mark Ellis. "Firstly for compliance, |
| western Algarve's leading independent financial | | | | as the regulators of our industry require it; and |
| advisors, have launched a dedicated subsidiary called | | | | secondly it provides a clear picture of a client's financial |
| to handle the ever-growing demand for mortgages | | | | situation, from which we can decide whether a |
| from clients buying property in Portugal. Offering a | | | | mortgage application is viable and to which banks |
| personal, hands-on approach to sourcing the right | | | | currently offering the best value, we should approach |
| mortgage from the best provider, the new service has | | | | for mortgage quotations." |
| given partners Mark Ellis and Fred Hurley a 98% | | | | "Gathering this information has become particularly |
| success rate in obtaining mortgage offers for both | | | | important recently, due to the change in pension |
| residents and non-residents alike. | | | | legislation in the UK and Ireland. We're now seeing a |
| By providing this one-stop shop at no cost to the client, | | | | steady rise in clients looking to purchase property here |
| coupled with their financial advisors approach to | | | | in Portugal as an investment to go into their personal |
| sourcing the best mortgage to suit, the success of the | | | | pension plans; so the correct financial advice plays an |
| new venture has been overwhelming. "We ensure that | | | | integral part in the service we provide. |