Spanish mortgages

Overview

If you are thinking about buying a property in Spain as your main residence, retirement home or for your holidays, talk to us. We’re rather good at sorting out Spanish mortgages and have many years of experience.

Areas in Spain where we can arrange mortgages: Costa Blanca, Costa Calida, Costa Almeria, Costa Tropical, Costa de Sol and Costa de la Luz.

All you need to know about Spanish mortgages

Spanish mortgage - fixed for 5 years then BBR +1.50 % for term

Initial Rate for 5 years	Then changing for remaining term to	The overall cost for comparison is
6.38%	6.75%, variable	7.0% APR
Early repayment charge payable if you repay all of this mortgage within first 5 years \| Reservation fee - £499 \| LTV 85%

Spanish mortgage - variable rate

Variable rate payable for whole of mortgage	The overall cost for comparison is
7.25%	7.7% APR
Reservation fee -£125 \| LTV 85%

Spanish mortgage - Base rate tracker + 1.85% for term

Interest rate currently payable	The overall cost for comparison is
6.85%	7.3% APR
Reservation fee - £599 \| Early repayment charge payable if you repay all of this mortgage within first 2 years \| LTV 85%

Additional borrowing - Base rate tracker + 1.99% for term

Interest rate currently payable	The overall cost for comparison is
7.24%	7.50% APR
No reservation fee \| \| Early repayment charge payable if you repay all of this mortgage within first 2 years \| Valuation fee paid by applicant \| LTV 85%

Please note that you will need to be a resident or expatriate of the UK, or a permanent resident of Gibraltar and that we do not offer mortgages on properties which are intended for letting purposes. All loans are advanced in sterling.

The standard minimum advance is £20,000 (unless stated otherwise).