Buying activity appears to be increasing, as property bargains become a real reality in Spain. Apartments previously marketed at knocking € 200k can now be picked up regularly for € 100k making the dream of having a Spanish holiday home more achievable even in today’s troubled times. The 12 Month Euribor, which most banks use […]
Monthly Archives: March 2009
25Mar
The Reality of Obtaining Mortgages In Spain (March 09)
11Mar
Spanish Banks and Spanish Mortgage Availability
Whilst the banks in Spain’s treasury and investment arms were not actively involved in the sub-prime market, they have not managed to stay completely without issues. Falling pound and high interest rates which many people are still tied into until their next annual review has meant the delinquency rate on their existing mortgage books has […]
08Mar
Latest Spanish Mortgage News
Spanish Mortgage Product Last week saw another two Banks lower loan to values for non residents and tighten risk criteria’s. Nat West Gibraltar having already lowered loan to values last year from 70% to 60% moved to a maximum of 50% and withdrew its two year discount product. Bankinter who have previously been very active […]
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Spanish Banks require certain documents are presented in order for them to assess a mortgage. No self certified or minimum documentation loans are available. All Spanish Mortgages are full status.
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Dear Heather, Ravena and Cecilia
You have been more than helpful and should we find anything else that we feel suits our needs we would not hesitate to use your company again.
You have been an absolute star and I cannot thank you enough because we may have been pressured into paying a 3000 Euro deposit early on if it wasn’t for you and your valuable information.
Hopefully we will be successful at securing a property in Majorca in the near future and look forward to working with you again.
Kindest Regards and Highest Recommendations,
Catherine, Keith, Ray and Marie
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