From the UK to Romania: Making the home buying process easy and stress-free

Mioara Sanduc is from Romania and has been working in the UK for several years. Although she enjoys her life abroad, Mioara has always dreamed of owning a property in Romania to which she can return home. Find out how using Homevest led Mioara to her property in Bucharest in less than two weeks.

Delia Mihuț
Written by: Delia Mihuț
Published at 2023-05-09
Last updated on 2024-06-11
Readtime 2 minutes

Buying a home in Romania can be challenging, especially for first-time buyers or those living in a foreign country. The complexities of the home-buying process can be overwhelming, from understanding local real estate laws to navigating through the paperwork involved. Add the challenge of being a non-resident, and the process becomes even more daunting.

Homevest can be a reliable support that accelerates the process of buying a property in Romania directly from abroad.

How easy is it to buy a property in Romania as a non-resident?

Even though the lending process involves several eligibility conditions, you can access a mortgage loan in Romania with income from abroad to buy a property.

To be eligible for a mortgage loan, you must meet specific requirements, such as having a stable income and being employed or having a business with a stable income. Additionally, it is essential to have a clean financial history and be able to provide proof of your income source.

It is important to carefully check each bank’s conditions and requirements before applying for a mortgage loan. There may be differences in interest rates, loan duration, maximum loan value, and other essential aspects.

Homevest can assist you in buying a property from the UK in Romania

Mioara Sanduc is a Romanian citizen who has been living and working in the United Kingdom for several years. Although she enjoys her life in the UK, Mioara has always dreamed of owning a home in her home country.

However, she didn't know where to start. That's when she stumbled upon Homevest on Instagram and decided to try it. Little did she know that this decision would lead to finding her dream home in Bucharest in less than two weeks.

“My experience using Homevest was a success story. The platform made buying a home in Romania simple and stress-free. The team provided me with the information I needed. I could complete all the necessary documents in less than two weeks, thanks to Homevest.

For me, the most significant advantage of using Homevest was the speed of the home-buying process. The platform's team ensured that everything was on track, and they kept me updated throughout the process. As a result, I was able to purchase my dream home in Bucharest without any stress or delays”, says Mioara Sanduc. 

The customer accessed 85.000 EUR mortgage financing from Libra Bank with an interest rate of 3,4% + IRCC with no additional commissions charged. 

To learn more about how Homevest helped its customers, continue reading Radu’s story, who bought a home in Romania from Poland

If you are more interested in buying a property in Spain, continue reading a case study about our first mortgage in Spain featuring Ferran, a Spanish citizen living in Finland who inherited part of a house in Castellón, on the Costa del Azahar, and wanted a mortgage to finance purchasing the rest of the property.

We recommend obtaining professional or specialist advice before taking or refraining from any action based on the content in this article. The information in this article does not constitute legal, tax, or other professional advice from Homevest Limited. Prior results do not guarantee a similar outcome. We make no representations, warranties, or guarantees, whether express or implied, that the content in this article is accurate, complete, or up to date.

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