These details cover Mainland Spain, Balearic Islands and Canary Islands.
| Type of loans available: |
| For purchase (including land), remortgage, self-build or equity release. Variable, fixed, and interest only mortgages available. Non-status loans are not currently available. |
| Loan to Value: |
| Based on the valuation of the property. No maximum loan amount for up to 70%-80% LTV. Interest only up to 30 years, maximum of 70% LTV. Equity release up to maximum of 60% LTV. |
| Maximum loan amount: |
| N/A |
| Interest rates: |
| 6.2% |
| Maximum term of mortgage: |
| 30 years. |
| Minimum loan amount: |
| 25,001 GBP equivalent |
| Maximum age at completion: |
| 75 years old. |
| Currencies available*: |
| Various depending on bank selected. |
| Repayment penalties: |
| From 0% to 2%, depending upon product chosen. |
| Documents required: |
| • Last six month bank statements • P60 or equivalent • Letter from accountant confirming tax paid (if self employed) • Three years audited accounts (if self employed) • Certified true copies of passports • Two forms of address identification • Completed application form |
| Other: |
| General fees to consider: Usually allow for 10-13% of purchase price for closing costs. |
*Changes in the Exchange Rate may increase the sterling equivalent of your debt.
FOR MORE INFORMATION PLEASE CONTACT US ON 0870 042 8807
Best deals from major high street lenders, buy to let specialist lenders and Fuel exclusivesView Best buys
Get an online quote in seconds Get a Quick quote