Spanish mortgage please?

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    • January 9, 2005 at 11:57 am #51023
      Anonymous
      Participant

      Can anyone recommend a good Spanish mortgage product with no redemption penalty? (without going via a broker)

    • January 13, 2005 at 4:19 pm #58049
      Anonymous
      Participant

      Sven, there are Spanish banks that offer mortgages with no penalty for early cancellation. However you have to shop around to find out. You will see a list of mortgage underwriters in Spain (not brokers) in the financial insight section of this website.

      Mark

    • January 14, 2005 at 10:11 am #58053
      Anonymous
      Participant

      I have found out that La Caixa offer a penalty-free early redemption mortgage. If you want more information get in touch.

      Mark

    • March 9, 2005 at 11:05 am #58094
      Anonymous
      Participant

      Hi Sven

      I recently bought a property through the Halifax bank in Marbella, they have no redemption penalties or cancellation fees.

      Good luck

      Tom

    • March 10, 2005 at 5:25 pm #58095
      Anonymous
      Participant

      Hello Sven,

      I work as a lawyer in Southern Spain and obviously have some experience about conveyancing, including dealing with the client’s bank when there is a mortgage financing the purchase. I have had a great experience recently with Barclays Bank financing some of my clients who are non residents in Spain, their service was just perfect as I have never seen before, very well organised, very helpful, and I find the conditions of the loan quite good.

      I strongly recommend you to get in contact with them, if you need details to get in touch with them let me know and I’ll give them to you.

      Regards,

      Jose Maria Sanchez
      Lawyer-Abogado
      Fuengirola, Málaga
      tel/fax 95.2479268 mobile 619.886542

    • May 12, 2006 at 1:58 pm #62133
      Anonymous
      Participant

      I have just read that Revenue and Customs have just won the legal right to oblige Barclays to give information to them on overseas accounts.

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