- June 23, 2006 at 2:22 pm #51933
I wonder if anybody can help, I’m looking for a non residents mortgage 80% of property value with an intrest only period.
It maybe that this product does not exist but if it does I dead keen to hear about it.
- June 25, 2006 at 9:26 am #63071
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.
- June 26, 2006 at 7:53 am #63085
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.
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