Legal and Finance

The legal system when buying a house in Spain is a little different to that in the U.K. and can be somewhat daunting however so long as you follow a few simple guidelines the process shouldn’t be too difficult for you.

ALWAYS use a professional Estate Agent – one who is sufficiently experienced to advise you on the basics of the property buying system and who can liaise and communicate between all parties and who can converse on your behalf

ALWAYS use a suitably qualified Solicitor (Abogado) and we advise you employ one who is bi-lingual

We will be pleased to introduce you to several qualified, professional companies in the area who will be pleased to assist you

When you have decided on the property you wish to purchase and a offer has been accepted a holding deposit of 2000 euros is paid to the Vendor via the Estate Agent. This deposit acts as a confirmation of the agreement between the parties and facilitates the removal of the property from the market – this enables sufficient time for the usual checks and searches to be carried out. Once the checks have been completed and any mortgage required obtained then the balance of the 10% deposit is paid (similar to the process in the U.K.) and a mutually convenient completion date is set.

Mortgages

We have professional financial/mortgage advisers available to assist you should you require advice on mortgages or indeed any other financial matter.

Mortgages for house purchase or equity release – any purpose.

• Full status
• Non status/self-certification

• Spanish banks
• UK banks and building societies

• Fixed rate
• Discount rate

GURANTEED BEST RATES ON THE MARKET

We can also arrange mortgages and re-mortgages in the U.K.

For our immediate attention click here

It is in your interests to talk to our financial adviser – even if you do not need a mortgage …. having a SMALL mortgage may be ADVANTAGEOUS ….it is one of the simplest ways to reduce Inheritence Tax