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
I am a freelance journalist and copywriter based in St Leonards. I am currently working with ST LEONARDS - a luxury leather maker with a focus on slow, sustainable fashion and on my personal project: Slow Travel Hastings, a guide to the raw, diverse and creative seaside town which has been my home for the past 10 years.
Clients, past and present include, St Leonards Online, National Union of Journalists, Black Label Properties Berlin, Nexus Communications, Psychosexual Somatics, Sussex Coast College, UK Gift Card & Voucher Association, Julia Margo/Genesis Research Trust and Dreams Come True children's charity. I am a member of the NUJ, Women in Journalism and the PRCA.
I have worked on projects with Expedia, Travel Maps Australia, Weber Shandwick PR, Saatchi & Saatchi, J Walter Thompson, Emap, BBC Magazines, News Corp UK, IPC Media, the Financial Services Authority, and written for women's/health mags including High50, Eve, Scarlet, New Woman, Woman's Journal, Here's Health and Country Walking. I am also a published author with 10 books on women's health, sexuality and lifestyle.
Slow Travel Hastings
Welcome to Slow Travel Hastings, a cultural guide to the world famous Sussex seaside town.
Through interviews, features and profiles I hope to go a little deeper than the average travel guide to showcase this raw, diverse and creative town. I am inspired by the Slow Food movement, a global, grassroots organisation which campaigns for a better way to eat and celebrates regional traditions, gastronomic pleasure and a slower pace of life.
I believe in a more personal and organic form of travel, which is about getting beneath the skin of a place so that when you leave you have a better understanding of its people, passions and politics. www.slowtravelhastings.com.
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14 Jan 2018 09:00
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