Never believe what you read in the newspaper! I should have known....!
Yep, talking to the mortages manager and the paper has got it all wrong....sorry to one and all who had got excited about this (that included me!).......always need to study the small print and having done that, it doesn't look half as good.....

The loan value is up to 50% of the property price; the rates quoted were not APRs but monthly rates....the only true speacial feature quoted by the paper is that the mortgages are for up to 20 years.....but at APRS of 7.2% on Euros; 8.4% in US dollars and a massive 16.68% APR on YTL - the bank would be delighted to get a customer to pay for 20 years!

I didn't go as far as redemption penalties, as I wasn't attracted by the offer. AKBANK are new to offer this product and therefore inexperienced. My UK mortgage contacts are long time specialists and therefore a lot more efficient.....so I think I'll carry on referring clients to them. I'm a Turkish resident so I'm not eligible for a mortgage for foreigners anyway.

Well, need to carry on watching this space to see a bit of true competition. In my opinion, this is NOT a GOOD OFFER......just run of the mill.

Once again - apologies to interested parties. I shouldn't have shared the article without having read the small print.
Sunny Days