Most
Spanish Banks offer non-residents mortgages.
The length of term offered is dependent
on the age of the applicant.
Some banks offer English speaking counter
staff, English transaction statements, and
internet on-line banking.
We will of course be happy to introduce
you, or put you in touch with such a Bank
if you require same.Send
an email tomichael@devine-property.com.
Non-Resident Mortgages:
The following is a guideline to the amount that
one can obtain. 70% of the value of the property
up to 700,000 Euros. 50% of the value between
700,000 Euros and 1,500,000Euros.
Any property above this price would be considered
on a case by case study.
Documents required for a mortgage application
in Spain:
Employees:
1. Last 3 pay slips
2. Last tax declaration (P60 if from the UK)
3. Filled out application forms
4. Photocopy of Passport
5. Copy of Title deed from Property Register (Nota
simple)
Self-employed: 1. Tax returns last two years
2. VAT and income tax returns
3. Balance sheets
4. Last 3 bank statements
5. Filled out application forms
6. Photocopy of Passport
7. Copy of Title deed from Property Register (Nota
simple)
