Which UK banks offer Spanish mortgages?

Banco Bilbao Vizcaya Argentaria (BBVA) is one of the few banks offering mortgages to UK borrowers purchasing properties in the UK and Spain. Please note the minimum mortgage is €200,000. Impressively, if you are buying a Spanish property, the bank offers mortgages in Pound Sterling or Euros.

How much deposit do I need for a Spanish mortgage?

For a Spanish mortgage, you will generally need a minimum deposit of 30% of the property’s purchase price, with borrowing rates currently starting around 2% (lower for premium clients). “The maximum mortgage for non-residents is 70% of the purchase price or valuation, usually depending on which is lower.

Is Santander UK the same as Santander Spain?

Although Santander Bank in the UK is separate from Banco Santander in Spain we realised it would be much easier if the UK bank could provide introductions for us to resolve your problem. Again it seemed you would have to provide proof of identity in person, involving a trip to Spain.

Does Santander Do expat mortgages?

Santander International offers mortgages for UK expats.

Can you get a mortgage in Spain with Santander?

If you have tax residence abroad and are thinking of acquiring a second home in Spain, at Banco Santander we offer you a wide variety of fixed and variable rate mortgages so that you can find the one that is right for you. Calculate the monthly payments for your mortgage and the associated costs in our simulator and do the numbers.

Which is the best Spanish bank owned real estate?

SpanishMortgage is a leader in online bank owned Spanish real estate. We offer our Properties to Cash Buyers and to up to 105% Mortgage deals. In case of a mortgage deal, you will save at least 30% deposit, the ideal deal to buy your dream is Spain. We invite you to ask your questions by phone or email, we won’t disappoint you!

What’s the maximum mortgage you can get in Spain?

Non-resident mortgages (60-70%) – for non-residents who pay their taxes outside Spain, the maximum mortgage amount is 70% of the purchase price (or valuation if lower), but some banks have a maximum amount of 60%. For fiscal residents who pay Spanish taxes, the maximum mortgage is 80%.

Can You remortgage a property in Spain?

It may only be possible to remortgage a Spanish property you own for home improvements and/or possibly purchasing another property in the country. Is there a Spanish mortgage calculator for non-residents?