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Czech Republic property news: Mortgage website launched

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7 September 2009

A new mortgage comparison has been launched for people seeking to buy property in Czech Republic.

The originator of broker-free property website Bezrealitky.cz recently has launched a new mortgage site, Honzovahypoteka.cz, which claims to be the first ‘objective’ mortgage comparison site in the country.

Jirí Paták of Bezrealitky.cz said: “Our vision is to make the Czech mortgage loan market more transparent, professionalize services of brokers and create a unique solution for financing of housing.”

Honzovahypoteka.cz cooperates with all the banks and with major financial companies on the Czech market that provide mortgages and savings bank mortgage products.

Brokers do not receive clients’ contact details and other personal data, Paták said. The service also offers mortgage refinancing and it is free of charge as the company generates profit from brokers who sign contracts with clients.

Paták said that the lenders are represented by more than 130 mortgage brokers and their number is expected to increase to 500.

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