MOOY: A NEW PATH TO PROPERTY OWNERSHIP
For many expats in Czechia, the dream of owning a property remains just out of reach. Despite being financially stable and ready to invest in long-term stability, a significant number of foreign residents face institutional obstacles that delay or even block property ownership. Traditional banks often require high deposits, lengthy employment histories, permanent residency, or flawless credit records criteria that are hard to meet for newcomers or those early in their careers. Meanwhile, property prices keep rising, interest rates fluctuate, and the perfect flat might slip away in the time it takes to get a mortgage approved. That’s where MOOY steps in a new rent-to-own model supported by Broker Trust, the country’s largest mortgage mediator offering a flexible, faster route to owning your ideal property, without the red tape and frustration of traditional loans.
BUDE MOOY: A Rent-to-Own Solution with Vision
BUDE MOOY, the flagship product of the MOOY platform, is tailored for those who are ready to own but currently unable to secure a mortgage. Instead of waiting months for bank approvals, clients can act immediately. MOOY buys the property on their behalf, and they move in right away no delays, no missed opportunities. During this period, clients pay rent and work toward becoming eligible for a mortgage. The purchase price is fixed from the start, increasing annually, which offers predictability in a volatile market. This is particularly beneficial now, as real estate values begin to climb again in Czechia. “What makes us different from a bank is how we evaluate potential,” says Petr Klimša, MOOY’s Chief Operating Officer. “Let’s say you’re an IT specialist at the start of your career. The bank only sees today’s income. We look at where you’ll likely be in two or three years.” MOOY’s application process takes just ten minutes, and payment terms are tailored to each client’s financial situation. A typical deposit ranges from 10–15 percent of the property’s value significantly lower than the 20 percent standard required by banks. If a client later decides not to buy, a transparent fee is deducted from their deposit. “It’s all clear from day one,” Klimša emphasizes. Most clients complete the purchase within two years, using this window to resolve documentation, improve credit history, or gain permanent residency.
JE MOOY: Flexibility for Owners in Transition
While BUDE MOOY helps buyers, JE MOOY serves property owners who need liquidity fast. This product is designed for people facing personal or financial upheaval, such as divorce, debt, inheritance disputes, or sudden business opportunities. In these situations, traditional banks may not be able or willing to help. JE MOOY offers an alternative: the company purchases the property, releasing immediate funds to the owner. Later, the owner has the option to repurchase the property under clearly defined conditions, or to sell it in collaboration with MOOY for a more profitable exit. This product has become a lifeline for many who need fast decisions and flexible agreements. It’s not just about financial relief it’s about maintaining stability during turbulent periods. Klimša explains, “We’ve had clients who were facing foreclosure or in the middle of complex inheritance cases. JE MOOY gave them breathing room and options.”
Why MOOY Matters in Today’s Market
Czech households are now spending record portions of their income on mortgages, and while interest rates have begun to decrease, many still find themselves blocked by rigid lending rules. MOOY steps in to fill this gap, offering personalized, human-centered solutions that don’t rely solely on outdated metrics like monthly salary or nationality. With Czech property values climbing again after a year of stagnation, the timing is ideal. Locking in today’s price while buying time to secure financing can make all the difference. Expats in particular value MOOY’s efficiency and transparency. One client shared: “I found my dream apartment, but my bank application was dragging on. MOOY stepped in, bought the flat, and I moved in within weeks. Two years later, I officially became the owner.” Another client highlighted the simplicity: “We’ve worked with MOOY on three separate properties. Every time, communication was fast, the process was smooth, and we always knew what to expect.” Whether you’re a hopeful buyer stuck in bureaucracy or an owner in need of liquidity, MOOY offers more than a rental or a loan—it offers a second chance, a clear path, and a new way to achieve property ownership in the Czech Republic.
Sources: https://www.expats.cz/
