Mortgage List
International Mortgages Direct are pleased to confirm the following
general lending criteria for Spanish mortgage business, where the buyer
is purchasing a residential property (with no major commercial element)
for use as a holiday / second home or investment property.
Most Euro mortgages in Spain are full status and proof of income and outgoings will be required. Spanish mortgage terms are in English and can be arranged for acquisition, renovation & construction. Due to the nature of financing new properties lenders, rather than a mortgage offer issue a “letter of intent” until the property is completed. Re-mortgages are available through specialist lenders. There is a self-certification mortgage available to those who are self-employed and have a 50% deposit.
