HolaBank is one of the few lenders not to charge any opening fees on new mortgages

HolaBank – the Spanish bank that focuses on satisfying the needs of foreigners with banking needs in Spain – is one of the few lenders that doesn’t charge clients an opening fee on new mortgages, saving them hundreds, or even thousands, of euro when buying a Spanish home with mortgage financing.

A typical opening fee charged by lenders in Spain is 1% of the mortgage loan value, though some will charge as much as 1.5%. When you consider that the average new mortgage loan value signed in July of this year was just a fraction under €150,000, according to data from the Association of Spanish Notaries, you get an idea of how much you can save with a mortgage from HolaBank. The average mortgage borrower in Spain could save €1,500 with HolaBank just on the opening fee alone.

HolaBank offer a great deal on a fixed-rate 20-year mortgage, with specialist advisers on hand to offer you advice and guidance in your own language, and no problem accepting your application documents in your own language: English, French, German, Dutch, Italian, Portuguese or any other northern European language are supported.*

HolaBank is part of CaixaBank – one of the leading banks in Spain. Visit the HolaBank webpage, click the banner below, or call +34 91 832 98 98 to find out how HolaBank can help you finance the home of your dreams in Spain.

* All foreign-currency mortgages offered are variable-rate.

About SPI News Feed

SPI News Feed provides general news about the Spanish property market and related articles translated from the Spanish press. For more in depth news, analysis, and opinion, see Mark Stücklin's blog.