A number of clients who currently hold CAM bank mortgages and are in arrears have recently received letters in the UK from a lawyer firm telling clients that should they fail to bring the mortgage up to date it is possible CAM Bank may pursue assets in the UK. Whilst clearly the bank has the […]
Daily Archives: October 16, 2009
16Oct
CAM Bank Spain Sends Out Threatening Letters To Clients In Mortgage Arrears
16Oct
Spanish Banks Adding Compulsory Products To Mortgage Terms
Increasingly all banks in Spain have been adding compulsory and for them profitable products to their mortgage offers. It is in fact not legal in Spain for the banks to tie clients into products outside buildings insurance and a bank account unless the client gains a rate benefit for doing so. This seems to however […]
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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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