Spanish Mortgages for Non Residents
We can now offer a range of Spanish euro mortgages for buyers across all of mainland Spain and also euro mortgages for Mallorca and the other Balearic Islands.
Your Spanish mortgage has to pass the lender’s affordability tests, making it a similar process to applying for a UK mortgage. As a regulated UK based broker, we are able to offer higher levels of funding than are usually available via the high street or unregulated Spanish agents. This means you may only need a smaller deposit. We are able to take into account salary, self-employment income (if supported by tax returns or an accountant’s audit) or pension income for your mortgage in Spain.
Your Spanish euro mortgage is arranged via a local bank, so we can help you set up essential extras, such as a euro current account to make your mortgage repayments from, pay local bills etc.
As specialist Spanish mortgage brokers, we also have access to mortgages which are not available on the high street or via local estate agents.
Mortgages can be for terms of up to 30 years, provided the loan is repaid before your 75th birthday and we are able to be more flexible in determining whether you pass the bank’s affordability threshold.
We have additional flexibility in terms of how bonuses are counted and for the self-employed, we can work on an average of your last three years of income, to smooth out peaks and troughs.
All of this adds up to our Spanish euro mortgages often being more generous than those available directly or via unregulated local agents. Enquire now using our Spanish mortgage form to see what quotes are available to you.
Our “no offer, no fee” policy means you can use our Spanish mortgage broker service to find out how much you can borrow before you have found your dream home, so you can bid with confidence.
Your home may be repossessed if you do not keep up repayments on your mortgage.