Mortgages

[bevgt]

Please can anyone tell me where they applied for their mortgage for their spanish property . We only need a small mortgage but are finding it extremely hard to get a british building society to give a mortgage on a spanish property and the ones that advertise that they do when you speak to them they havent a clue where to start . Any advice much appreciated .

 

[James]

In my case BBVA. Also only a small (thankfully!) mortgage. I arranged it initially through their branch on Cannon Street in the City and it was finalised by the PP branch on Carretera Formentor. This was in 2006.

 

[bevgt]

Thank you so much i will give them a ring .

 

[lollipop]

When we had ours some years ago we used Abbey National but you are probably better going to a Spanish bank.

 

[pollensa]

Another option, if feasible for you, is to mortgage your UK house and raise funds that way.

 

[bevgt]

Thank you for your replies we are waiting for BBVA to call us today, Abbey National now Satander will only help you if you have a mortgage with the m in England even though we have accounts with them . Have thought of mortgaging our house but as my husband is 61 they will only give us a repayment mortgage for four years and this is to expensive , my son is coming in with us but as he is freelance there are more obstacles . Seeing someone at lloyds monday see what they say , but thank you all for your advice

 

[majprop]

Hi Bevgt, I think you will find the quote about Santander's lending is untrue, speak to Juan the manager of the Santander in Puerto Pollensa, C/ Juan XX111.

 

[majprop]

Hi again Bevgt, please ignore my comment, I always confuse the two banks Santander and the Sabadell, it is the Sabadell that I refer to and Juan works in the Sabadell bank
in the Juan XX111, if it is only a small mortgage that you require you should get some joy there.