Buying Spanish Property
Spanish Legal Homes have assisted over 10,000 clients in the safe and legal purchase of properties in Spain. The popularity of the Mediterranean is thanks to people seeking year-round warm weather and fantastic cuisine. If you are looking to buy Spanish property, choose us!
The Spanish Property Market
The prices of properties in Spain have been at a low point for some time, recent trends suggest that the market is improving and prices appear to be on the rise again. The popularity of moving abroad, especially to Spain, means that a lot of good quality properties in the best locations are in high demand, making it relatively hard to find what you want. Luckily Spanish Legal Homes have an unbeatable portfolio of properties including over 800 re-sale properties in all price ranges, this means that there is no better time than now to buy property with Spanish Legal Homes.
Spanish Mortgages
If you buy Spanish property with us, we can offer Spanish mortgage facilities on all of the properties we list. The Bank of Spain commonly advise that non-residents are allowed a maximum 60% loan to valuation, but you should be wary of any higher rates on offer because the strict lending criteria and personal credit checks can be severe.
Spanish Legal Homes have direct contact with major Spanish Banks and can help you to arrange a suitable Spanish mortgage facility at a sensible rate. The banks often request several pieces of paperwork in order for acceptance to be quickly arranged. Requested items include:
- Last P60
- Last 3 Payslips
- 3 Months Bank statements
- A simple Experian personal check
Pensions in Spain
You are eligible to receive your UK pension even if you decide to move abroad. If you are on a pension and require a Spanish mortgage the banks in Spain will require proof of your monthly pension(s) but unfortunately, in most cases, the banks will not offer finance facilities to those over the age of 74.
The Next Step
You’ve decided that you want to move abroad, now what do you do?
The experts at Spanish Legal Homes highly recommend that you visit numerous properties in Spain so to give you a better understanding of the areas and what you can get for your money.
“£99 p.p. Viewing trips.”
We organise informative 3-4 day viewing trips to your chosen area, during which you’ll be shown around numerous properties within your budget each day by our helpful and bi-lingual staff. After this, you can progress to buy Spanish property
To find out more about our £99 tours, head to our Viewing Trips page or for further information call Spanish Legal Homes today on 01202 971614.