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. Why do banks lend to one another? Banks in the Eurozone do not always require all of their disposable liquidity and at the same time there …
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? Leer más »
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 …
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? Leer más »
We are seeing a surge in requests for finance from international clients who are buying in Spain. During lock-down, we heard about an upswing in overseas buyers showing an interest in buying abroad – particularly in France, Portugal and of course Spain. It was reported that the figures were up 33% in May 2020 compared …
Latest surge in enquiries from remote workers following lockdown Leer más »
Have you ever considered buying a new build in Spain as an investment or holiday home? If so, then why not watch last months webinar on “Buying Off Plan In Spain” to really get to grips with the process and finance options available to you. We joined My Lawyer In Spain to discuss the process, …
Mortgage Matters Spain Take Part In Buying Off Plan In Spain Webinar Leer más »
WARNING! Mortgage brokers need the necessary qualifications to provide financial advice on mortgages. Always make sure your mortgage broker is fully regulated in Spain! Back in June 2019, new Spanish mortgage regulations, were implemented in Spain, in line with the EU mortgage directive. This brought with it important changes relating to mortgage brokers, who are currently …
Make Sure Your Mortgage Broker Is Fully Regulated In Spain Leer más »
Now you can remortgage in Spain thanks to recent law changes in 2019. The new changes to Spanish mortgage law which came into force in June 2019, now makes the possibility for clients to re-mortgage their properties in a much easier and more accessible way. If you took out a Spanish mortgage between 2012 and …
Are you considering or have you agreed to purchase an off-plan property prior to the Coronavirus. Many of our clients put a deposit down on an off-plan property before the Coronavirus crisis happened. This is a common process, due to build times and forward planning, it also enables buyers to get the best prices before …
A lot of changes have happened this week in Spain, following the announcement by The President of Government, Pedro Sanchez to lock-down Spain in order to contain the spread of the coronavirus, all non essential businesses are now closed and working from home. Mortgage Matters Spain are open. I, along with many other colleagues within the industry will …
If you are thinking of buying a holiday home in Spain, or perhaps you are retiring to Spain, it might be a good idea to look at your finance options. Mortgages rates in Spain are at an all time low, so an excellent time to buy. There are mainly only two mortgage products available from the …
What Are The Different Types Of Mortgages in Spain Leer más »
The Great Currency Purchase Debate – by Alison Lowther de Cotta The huge 80-seat majority win by the Conservatives in last week’s General Election, has now sealed the deal for the Brexit path to forge ahead. The 31st January 2020 deadline is now a sure thing. Sterling initially surged up to 1.20 levels but has retracted to …
