If you are exploring a mortgage in Spain for foreigners, one of the biggest decisions you will face is choosing between a fixed or variable interest rate. Whether you are buying a holiday home, relocating permanently, or investing in property, understanding the types of mortgage rates in Spain and how they work can help you […]
Types of Mortgage Rates in Spain: Which Option Is Right for You? Read More »
The Costa Blanca continues to be one of the most sought-after locations for international buyers looking to purchase property in Spain. With its year-round sunshine, beautiful coastline, and a wide range of properties—from modern apartments to luxury villas—it’s no surprise that demand remains strong. Here is a short and helpful guide about how we can
Spanish Mortgage for property Costa Blanca (Valencia & Alicante): What You Need to Know Read More »
UK clients are used to a myriad of mortgage products including fixed rates, variable rates, tracker rate, discount mortgages, capped rate, offset mortgages etcetera. In Spain, there are basically only two mortgage products available to non-resident clients purchasing a property here.
What types of mortgages are there in Spain? Read More »
If you are buying your Spanish property with a Spanish mortgage you will need to have a valuation (mortgage survey) done on the property before the bank will issue you with a binding offer.
What kind of survey do I need for my new Spanish home? Read More »
If you are going to purchase a property in Spain you will need an NIE number prior to completing on the transaction. NIE stands for “Numero de Identificacion Extranjero” or Identification Number for Foreigners.
What is an NIE number and do I need one in order to buy a second home in Spain? Read More »
Euribor stands for Euro Interbank Offered Rate. As the name suggests, Euribor is the average interbank interest rate at which European banks are prepared to lend to one another.
The last 15 months have been somewhat trying for not just Spain, but the whole world. With restrictions on movement, additional costs and the worst of all, loss of loved ones, it is good to finally see some positive steps forward in our return to normality. Business as usual. Since lockdown, building sites across Spain were
As Spain Unlocks The Buyers Return Read More »
The Junta de Andalucia announced on 28th April that there was a number of tax reductions, from inheritance tax, property transfers and commercial space purchases. The biggest one being of interest to our clients is the Transfer Tax (also known as Stamp Duty or ITP & AJD). If you are purchasing a property that is either a
Junta de Andalucia Announces Property Tax Reduction on Resale Properties Read More »
Once you have decided to purchase a property in Spain, it is important to budget for all of the costs associated with the transaction, including the taxes. If you are buying a second-hand property, you will pay what is known as ITP (Impuestos de Transmisiones Patrimoniales) and has been in existence since 1993. This tax
What Taxes Do I Pay When Buying A Property In Spain? Read More »
Dealing with remortgaging your home in your own country is hard enough, however, throw in a language barrier and different laws and you enter the unknown. That doesn’t need to be the case, Mortgage Matters Spain can advise and offer remortgage options in Spain, fully explained in Spanish, English, and French for your peace of
Remortgaging On An Existing Spanish Mortgage Read More »
The summer here in Marbella has been a busy one with several property transactions taking place, although an air of calm and sensibility due to the current restrictions we are all under. Sales have continued from investors all across Europe, new developments are now coming on and interest is picking up once again as summer
Busy September With More Happy Owners Read More »
Important Notice! Spanish banks are tightening upon those that can offer mortgage broker services in Spain, just as the FCA did to financial advisors in the UK. Things have changed and finance regulations are the best they have ever been. That’s why, we are pleased to announce that Alison Lowther de Cotta trading as Mortgage
Is Your Mortgage Broker Regulated By The Bank of Spain? Read More »
