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Mortgages in Spain

Has anyone got experience with getting a mortgage in Spain? I’ll be moving over permanently before brexit and getting my residency done. I’ll be wanting to buy a house and wondered what deposits are required and the was/complexity if mortgage applications are like in Spain ?

Comments

  • Smb3088 wrote: »
    Has anyone got experience with getting a mortgage in Spain? I’ll be moving over permanently before brexit and getting my residency done. I’ll be wanting to buy a house and wondered what deposits are required and the was/complexity if mortgage applications are like in Spain ?

    You'll have to get your skates on!
  • Adly812
    Adly812 Posts: 573 Forumite
    Eighth Anniversary 100 Posts
    I know. But let’s remain positive, I’m getting over before brexit. I won’t bother expressing my feelings towards my political views #remain
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Just rent somewhere first. You may not like living there full time.
  • Adly812
    Adly812 Posts: 573 Forumite
    Eighth Anniversary 100 Posts
    I will be renting initially and for about 8 months. But I'd like to get the process all started and want to find out a bit on mortgage processes in Spain
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Smb3088 wrote: »
    I will be renting initially and for about 8 months. But I'd like to get the process all started and want to find out a bit on mortgage processes in Spain


    Why? If you have already decided to live in Spain even if the mortgage process doesn't suit you would you return to the UK? If the answer is no then why can't it wait until you live there?
  • tealady
    tealady Posts: 3,837 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    Hi.
    I would look for Spanish ex pats websites. Just had a look and found some good (and funny) advice on life in Spain.
    https://www.thelocal.es/20180820/the-ten-commandments-for-expats-in-spain convinced me Spain would not make a happy "forever home" for me
    Find out who you are and do that on purpose (thanks to Owain Wyn Jones quoting Dolly Parton)
  • Adly812
    Adly812 Posts: 573 Forumite
    Eighth Anniversary 100 Posts
    Cakeguts, I like to be organised and do research. I don’t like being unprepared, so just looking for feedback on experiences
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