Affordable Mortgages

Mortgage Advice self employed mortgages exbankrupt mortgage

Ask Us! Any Question-

go on ask us Anything about mortgages or insurance — what do you want to know?

Ask an Advisor

Get Genuine and Impartial Advice
take our 60 second Test
to see what we could do for you

Click here

Mortgage in Spain***

mortgage in spain turkey SpainIf you are looking for a mortgage in Spain then we can put you in contact with the UK's leading overseas mortgage specialist, who can help you find the finance for your property abroad, and make the process as safe and as hassle-free as possible. Our Specialist partners work closely with overseas lenders and property professionals helping you to find the right mortgage in Spain for you to buy your property, or remortgage it onto lower rates - whether this is for your own personal use or for investment purposes.

Choose a reputable company to help you with your Mortgage In Spain

Mortgage in Spain >> Click Here to Enquire <<

Now may be a good time to remortgage existing property in Spain and reduce your mortgage costs. Or perhaps you are looking for a mortgage in Spain to buy in Spain in which case we can help point you to the best companies positioned to not only find the best mortgage deal we can only point you towards reputable property companies.

Mortgage in Spain

If you are serious about buying a property in Spain then you should start arranging your Spanish mortgage almost before you do anything else. Leaving the financial side of your Spanish property purchase until the end does you no favours whatsoever. If you leave it too late, and have to arrange your Spanish mortgage in a rush and under pressure, it is likely that you may get an expensive and inflexible Spanish mortgage.

There are both advantages and disadvantages to arranging a mortgage in Spain instead of the U.K.

Important 'Changes in the exchange rate may increase the sterling equivalent of your debt'

*** The products and services promoted here are not part of the Openwork offering and are offered as third party Introductions. Openwork Limited accept no responsibility for this aspect of our business. These products and services are not regulated by the Financial Services Authority.

Mortgage in Spain - Requirements

Be prepared to show documentation that you have the financial ability to meet the mortgage payments each month. , bring the last three months wage slips and six months of personal bank statements. For those who are self employed, a little more documentation is needed to be considered for a mortgage. Bring the last three years business accounts with an auditor's stamp and the last year of business bank statements. In addition to this, you will also need to provide the last six months of personal bank statement information.

Remortgage property in Spain to release equity

You may already own a property and simply want to remortgage to release equity from it, perhaps to purchase another property or for some other reason, We can help you find a great remortgage deal to help release some of the capital or equity tied up in your property. With remortgage rates being so low at the moment now may be a good time to remortgage your property. Take advantage of the low Interest rates to Remortgage in Spain before rates increase, us your remortgage in Spain to reduce your remortgage payments, you could even swap to an interest only remortgage in Spain to reduce your remortgage payments even further. Spain remortgages are available through our extended overseas arrangements with specialist banks and mortgage and remortgage lenders.

 

Spanish Mortgage

The advantages of arranging your Spanish mortgage at the start of your property search are as follows:

  • It costs you nothing to start arranging your mortgage in Spain early.
  • Forward planning helps you clarify the advantages and disadvantages of taking out a mortgage in Spain and make the best decision as to how much, if at all, to borrow on your Spanish Mortgage.
  • Arranging your Spanish mortgage in Spain good time allows you to find the mortgage in Spain that best suits your requirements and avoid overpaying.
  • By taking steps to arrange your Spanish mortgage at the start you will have a better idea of how much you can spend on your Spanish property and can work out the likely future financial implications of your mortgage in Spain / your purchase.
  • Having your Spanish mortgage in Spain / place reduces the risks of you losing a Spanish property that it has cost you so much to find, and means one less source of anxiety and pressure when you are trying to close on a Spanish property.

We are passionate about our customers being treated fairly and correctly and our aim is always to achieve the highest level of customer satisfaction. We genuinely believe that owning a property in Spain is a dream well worth pursuing - let us help you


Countries where remortgages are currently available

Countries Loan to Value (LTV)
Portugal Max 70%
France* Max 70%
Spain Max 60%
Italy Max 70%
Turkey Max 70%
Canada Max 65%
Ireland**, Monaco, USA Max 70%

* Possibly up to 85%, if the client has an existing mortgage in place and dependent on the use of any additional funds.

** Remortgages are possibly available between 70% to 80%

All schemes are subject to current personal financial status and a satisfactory valuation of the property.


Remortgages on overseas properties can be used for:

Buying another property in the UK or overseas

Providing the deposit for a property purchase in the UK or overseas

Repaying or replacing existing debt and possibly reducing current monthly repayments on property in the UK or overseas

Reducing Inheritance Tax liability (where applicable) in certain countries


Additional Options

By using one or more overseas property (plus possibly an existing UK property) 100% + mortgages may be available for any new property.

In some countries 80% of the rental income from an existing contract could be taken into account.

Loans with higher LTVs may be available for home improvements to the existing property.

 

 

Webpage tags, Mortgage in Spain, Spanish Mortgage,Euribor mortgage rate in Spain, interest only, spain remortgage, remortgage spanish property,

5 REASONS WHY
YOU CAN TRUST US

  • 1. Mortgages - WHOLE of market
  • 2. Friendly QUALIFIED advisors
  • 3. IMPARTIAL mortgage advice
  • 4. Exclusive products available
  • 5. 100% stress-free for you

FREE Consultation

TESTIMONIALS
Their words, not ours!

"I have used Affordablemortgages for the past 4 times I needed a mortgage — honest, straightforward advice."

Allan M. – Ipswich 2001, 2004, 2007, 2009.

"Finding a mortgage that was right for me was a complete minefield, until Affordablemortgages coached me through."

Leanne H. – North East 2002, 2007.

".. Saved us over 2,500 from what another company were going to charge us, thank god we used you !"

John G. – Scotland 2009.

"I am very happy with the overall service, friendly and very helpful."

Jackie P. – South Shields 2005.

"Great service and help always available — very friendly!"

Rob L. – Preston 2005.

"Excellent professional service making us feel comfortable with a difficult situation."

James G. – Portsmouth 2004.

"Searching online can be a daunting task, as you don't who you are talking to, We will certainly be back - and would highly recommend affordable mortgages."

Roy G. – Surrey 2010.

NEWS ARTICLES

Protect your Mortgage - with MPPI
19/10/2010

 

Fixed Rate Mortgages
19/10/2010

grab them fast !!

Best Mortgage Deals . .
19/10/2010

how to find the best deals

Buy To Let Mortgages - use interest only calculation
19/10/2010