Spanish Mortgages for Property in Spain

From Barcelona to the Costa’s to the Canaries, the Spanish way of life is enchanting more and more people, and enticing many people to purchase a home or a second property in Spain.

Buying a Spanish property is obviously a major decision, not to mention an expensive one. Our aim is to make sure that it doesn’t become a costly one as well by helping you through the process of obtaining finance for your Spanish property.

We have excellent working relationships with a panel of lenders in Spain who are willing to lend to foreign nationals. Our unique relationship with them also ensures that we have access to the best Spanish mortgage products on the market.

This means that you are able to take advantage by choosing not only the Spanish mortgage product that is best for you, but getting it at the best rate.

We have access to many types of Spanish mortgages through our panel of lenders, including:

• Interest only mortgages
• Self certification mortgages
• Build mortgages
• Fixed interest rate mortgages
• Mortgages specifically designed for investors and many, many more

Currently you can obtain the following for your Spanish mortgage

• The maximum loan to value (LTV) you can obtain on your Spanish mortgage is 80%. Although under very strict conditions (including the loan amount being under 180,000 euros and the new Spanish property being deemed the primary residence) it is possible to obtain 95% of LTV
• The maximum term of the loan is 40 years
• There is no age limit on certain products, otherwise the general age limit at completion is 80
• Full self certification loan is available, including 30 years interest only!