FOR IMMEDIATE RELEASE
PRESS RELEASE – BLACK LABEL PROPERTIES
New Opportunities in Finance for Black Label Properties’ International Clients
Berlin estate agency brokers free current accounts for overseas investors of all nationalities.
FOR IMMEDIATE RELEASE
London, 6 October 2017 – Individuals looking to buy property in Berlin will no longer have to travel to Germany to open a bank account, thanks to a new service currently only available from international estate agency Black Label Properties. The process will make it easier and cheaper for overseas clients to obtain a mortgage and is a part of an extensive range of packages created by the innovative agency to make the buying process very simple and transparent for overseas investors.
“I am happy that I have found this solution as it should make life a lot easier and cheaper for our clients compared to what we could offer so far. We have had severe delays because some lenders require that a client attends personally to open a bank account. In practice, this often led to hold-ups of up to three months, and in the worst-case scenario, the purchase didn’t go through,” says Berlin finance broker Martin Bonnet, head of the international finance team at Black Label Properties. “It has been very complicated and stressful for our clients so that this new process will make buying property in Berlin much quicker and easier. Investors who are resident abroad can now legitimise themselves with a resident notary in their home country, and will no longer have to travel to Germany to open a bank account”.
A Simple System for Overseas Investors
- The current account is free of any charges and open to all nationalities. The only fee is for extra services such as postage of bank statements
- The bank accounts can be opened very quickly. Black Label can verify a client’s ID and will take English copies of the forms. The final admin fee payable to the agency is just 50 EUR (no vat)
- Clients get a free of charge VISA debit card
- Two forms are required to open a current account. The first is an application form and the second, a legitimation form on which a notary confirms the original ID and the client’s signature. These two documents can then be posted to Germany.
Black Label Properties will guide its clients through the entire process. “We provide an English translation of the application form and further help which enables the accounts to be opened very quickly. The requirement is that the two forms are signed before a notary in the home country. For the complete service, which is open to all nationalities, we only charge 50 EUR including vat. I am excited to offer this simplified process for real estate financing from abroad,” adds Martin Bonnet.
Video: Black Label Properties mortgage expert Martin Bonnet talks about the different kinds of mortgages available to international buyers and how much finance can be raised to help you purchase your property in Berlin. https://www.youtube.com/watch?v=cCN2HYVthu0
About Black Label Properties
Established in 2011, Black Label Properties have made a name not just for providing a professional sales service, but also for offering its clients a full package of advice and support in finding the right property, accessing mortgage finance and helping people set themselves, their families or their business up in Berlin. For more information and to meet the team, please visit www.blacklabel-properties.com and www.blacklabelblog.com.
For news & updates on the Berlin property market, follow us on Twitter, Facebook, LinkedIn and YouTube.
UK Press, Black Label Properties
Nicci Talbot is a freelance journalist, author, and travel blogger.
Cité zine was launched in 2017 a by British travel journalist with itchy feet and a desire for a better quality of life. The aim is to compare and contrast life in the UK with other cities around the world to find out where the best places to be a woman are regarding education, culture, health, childcare, work, and longevity. The name Cité is old French for city and ‘union of citizens, a citizenry,’ which is all the more relevant post Brexit.
“I love to travel and have Lithuanian roots on my mother’s side, which I’m starting to explore. My first trip abroad was a school exchange to France with my aunt who taught French at Hull University. I stayed with a family in Angers who had a daughter around the same age, which gave me a taste of school life and French food (my first time eating horse meat!). In my 20s I went backpacking around Asia, Australia, New Zealand and the US working in all kinds of places via WWOOF UK, which gives you free board in return for labour on the land. It’s a great way to travel on a budget and gives you an insight into the psychology of people and places: why they live where they do and how our environment inspires and motivates us. I worked in a rebirthing centre on the Gold Coast (lots of deep breathing, no gluten for 2 weeks); a biodynamic farm near Perth (didn’t work out as I wore deodorant and drank milky coffee); yoga ashram in Brisbane (accused of stealing money, left), and did some divorce decluttering at a house in Byron Bay.
Since the Brexit vote, I have been in despair at the thought of being cut off from the rest of Europe and my daughter being denied the same opportunities to travel and work abroad. I was inspired to start this blog to document my adventures and all the interesting people I’m meeting through my work as a journalist via the NUJ LFB and Black Label Properties Berlin. In a year’s time, my daughter will be going on exchange to an international school in China to start her secondary education, so it’s a new chapter for both of us, not without wobbles, but I hope full of opportunity and new adventure. It will be interesting to compare the school systems and see what she gets out of it. She has travelled to Europe, Italy, Japan and the US as an unaccompanied minor, so I spend a fair bit of my time doing the airport run.
Where do you find that elusive mix of sunshine, affordable property, culture, lifestyle and well-paid work? Is it best to split your time with a city base and some fun in the sun? What’s the best way to learn a new language? How do you go about setting up a business abroad or working as a freelancer? This blog aims to shed light on different cities and lifestyles around the world, the issues happening there, and how to relocate successfully be it full or part-time. If you’ve ever wondered what life in another country can be like, this blog is for you. I hope you find it useful and inspiring.” – Nicci Talbot, editor.
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