Additional services and charges

Service: Acting as a Power Of Attorney (POA) on behalf of client:
Fee: 500 PLN (if client using brokerage service), 1000 PLN (if client using referral service)

Poland Mortgage Direct is able act as a proxy to the client for:

• Signing of application form.
• Signing of Credit agreement to release mortgage funds.

Most banks require either the application form or credit agreement (or both) to be signed in person.

* This fee also includes preparation of the legal wording of the POA in English and Polish, prepared by a sworn translator.

* Please note the proxy requires a stamp of the apostille (legalisation from a notary lawyer/government office) which must be organised by the client in their country of residence. There will be a cost associated with this.

Benefits:

• Client does not have to be present in person to sign the application form or credit agreement, saving time and money.
• Major saving on expensive and unnecessary visits to Poland.

Service: Polish forwarding address
Fee: 1000 PLN per annum

Some Polish banks require a Polish correspondence address to process the application. Poland Mortgage Direct is able to offer our office address in Krakow for receiving loan correspondence and will forward to the borrower.

Benefits:

• No need to establish an address in Poland.
• Contents of mail will be explained in English

Service: Obtaining the Land & Mortgage register extract for the property (Krakow only)
Fee: 250 PLN

In the case of a secondary market purchase where the vendor does not provide an extract from the Land & Mortgage Register (KW), Poland Mortgage Direct will obtain directly from the court. The court fee is included in the charge above.

Service: Photographs of property (Krakow only)
Fee: 150 PLN.

Taking professional quality pictures of the property/development, which will be required by some banks as part of the mortgage application.

PLEASE NOTE
Access to the additional services provided by Poland Mortgage Direct is provided only when our company has acted in the first instance as your referrer to the bank which is the subject of the application.