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Euro Mortgage

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markbroughton
markbroughton Posts: 1 Newbie
in Mortgages & endowments
Hi,

I am looking for best advice as to where i can get good rates and terms for a mortgage for second hole abroad, specifically buying in Spain?

Comments

  • holly_hobby
    holly_hobby Posts: 5,363 Forumite
    1,000 Posts Combo Breaker
    HI

    I know the old Abbey (now Santander) and Barclays were 2 high st lenders who would loan in euros.

    Restrictive LTVs at circa 65% - 70% - to take account of currency flutuations.

    HSBC do offer an overseas mge service inc Spain & Canaries - they use Solbank to facilitate the mortgage, with referral directly through HSBC (pop into your local branch for more details and a referral).

    Hope this helps get the ball rolling

    Holly
  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why do you want to buy a "hole" in spain ?
    Please use a english speaking solictor, and be very carefull as many people trying to sell in spain market is slow
  • Meeper
    Meeper Posts: 1,394 Forumite
    Conti Financial Services would be a good place to start. I have used them a number of times in the past and their service is excellent. Just google them.
    I am an Independent Financial Adviser
    You should note that this site doesn't check my status as an Independent Financial Adviser, so you need to take my word for it. This signature is here as I follow MSE's Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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