Great New Spanish Mortgage Product Available

One of the major banks in Spain; Barclays ES; today released a new and very attractive 3-year fixed rate of 2.95% followed by a very attractive variable after fixed rate finishes of 0.35% above 12 month Euribor. This compliments their current 5 year fixed rate of 4.20% and provides very good value for money for […]


Spanish mortgages 24 hour Approval in Principle

When buying in Spain having a financial mortgage approval will greatly enhance your ability to negotiate on price and ensure you know your exact maximum budget, the costs you must consider and ongoing monthly commitment your purchase will entail. Most buyers will incur costs of flying to Spain and accommodation whilst there when searching for […]


Lloyds and Halifax Spain complete merger

Ahead of its UK counterparts from October the 1st the two banking arms in Spain Lloyds and Halifax will come together as one. From October 25th all Halifax branches will be re-branded to Lloyds. At present there still remains a few differences between the two in lending criteria. Lloyds minimum loan size is € 100k […]


Improving Terms For Non Resident Spanish Mortgages

Having almost removed themselves entirely from the non resident market by lowering loan to values to 50% and increasing rates two years ago one Spanish Bank has recently changed its product portfolio to attract new business. By far the best of their new products is 5-year fix at 3.20%. With current variable rates averaging around […]


A Review Of Spanish Mortgage Lending May 2010

The last few weeks have seen mixed messages coming out of Spain and the Spanish Mortgage market. Bancaja who reduced loan to values to 60% at end of last year and removed interest only have in recent days said that they can consider on a case-by-case basis up to 65% loan to value for non-residents. […]