If somebody said you will get 100% financing, I would probably not believe him. But Spanish banks can actually lend 100%. How to get 100% financing: If you buy a property from 1MEUR and have a wealthy profile, let’s say 150,000€ in salary, 300,000€ in portfolios, 1,5MEUR in real estate assets. You have big chances to get 100% financing with interest only, during 10 years from a private...
Update on Spanish Mortgages & COVID-19Mortgage AdviceLegal ServiceSpanish Property ExpertAgencies For most people, the prospect of selling their home can be positively daunting. First of all, there are usually plenty of things to do just to get it ready for the market. Besides the traditional clean-up, paint-up, fix-up chores that invariably wind up costing more than you planned, there are...
My perspective on Spanish mortgages and Covid-19 There is no doubt that these times are very worrying for millions of people around the world, but as I write this update today it is really uplifting to know having spoken to numerous potential buyers over the past 2 weeks that the spare downtime that some have available is being used positively and constructively with regards to re-evaluating (and...
Welcome to our end of year newsletter. We hope you have all achieved your goals for 2018 and are looking forward to the year ahead. Currently, two important issues are generating a lot of discussions, which are the impact of the Government’s decree in respect of AJD tax and also the ongoing effects of Brexit. Supreme Court & AJD (mortgage)...
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