Mortgages Again!!

Viewing 2 reply threads
  • Author
    Posts
    • #51933
      Anonymous
      Participant

      I wonder if anybody can help, I’m looking for a non residents mortgage 80% of property value with an intrest only period.
      Phew

      It maybe that this product does not exist but if it does I dead keen to hear about it.

      Many Thanks.

    • #63071
      Anonymous
      Participant

      Hi DGR

      My understanding is that non-residents can only get a maximum of 70% of valuation as a Spanish mortgage – and yes these can be interest only.

      Of course if you have property in the UK and sufficient equity, then you can get the additional 10% as part of a UK mortgage.

      Regards
      Joe

    • #63085
      Anonymous
      Participant

      I have just organised an 85 per cent mortgage on a resale villa for a non-resident with a major Spanish building society. The valuation was above the sale price too.

      I will send you the building society name as private message.

Viewing 2 reply threads
  • You must be logged in to reply to this topic.