Spanish re-mortgage

Japmark

Hi, I am curently trying to switch my mortgage provider in spain. I am wanting to change to an interest only mortgage and have contacted Conti Financial Services, as they are the only people I can find who can offer intest only mortgages in spain. The problem I have is that the estimated cost of switching the mortgage is £6000 on a £98000 mortgage. Is it me, or is this figure way of the mark, perhaps there are extra cost involved in tax when switching, but as I keep pointing out to them, I already own the property, I just want someone else do lend the money to me.

Can anyone shed any light, perhaps the legal system causes these extra costs???????

brannyrhino_2

Hi
Try Leeds & Holbeck Building Society who have just moved into Spanish mortgages through their Gibraltar office.

See the link below
http://www.leedsandholbeck.co.uk/spain/index.htm

or contact them as follows

For more information, telephone locally from Spain or Gibraltar: (9567) 50602 or the UK: 00350 50602

Email: gibraltar@leedsandholbeck.com


hope this helps