I have seen a bank repossesed property in Spain which I would like to buy for 240K euros, I will be able to retire from my current job in March and get a reasonable size pension commutation which will enable me to put approx 100k euros down, the remainder on a mortgage. I will take on a new job which will then provide an income. I am not in a position at the moment (until March) to put down any money other than 3-4K.
My question is this, will the bank wait for this time period if I am upfront about my timescales or would I be better off starting things then dragging them out as long as I can and hope that I can stretch it till March?
Any advice, please.