We can offer...

RE-PAYMENT MORTGAGE 80%
(Capital & Interest) Up to 80% of the value of the property. Maximum term 25 years.

RE-PAYMENT MORTGAGE 70%
(Capital & Interest) Up to 70% of the value of the property. First 1-5 years as interest only as option. Maximum term 40 years

INTEREST-ONLY MORTGAGE 80%
First 25 years interest only facility up to 80% loan to value.
Maximum term 40 years.

RE-MORTGAGE
Up to 65% of the value of the property,40 years interest only.

Finance in Spain is predominately linked to a variable rate and on a repayment basis. Spanish variable rate products are generally linked to the yearly euribor (European inter bank offered rate) and your interest rate will be reviewed yearly.

Interest rates for mortgages in Euro are based on EURIBOR (Euro Inter Bank Offered Rate).

The lenders will normally charge EURIBOR + 1% but individual circumstances will determine the exact interest rate, which could be higher or lower.

It is common to find that some lenders offer a lower "Start up" interest rate of 3.9% for the first year then go up to EURIBOR + 1.35% from Year 2 onwards.

There is limited access through banks in Spain to Interest only mortgages and fixed rate mortgages including a "flexible mortgage plan".

There is limited access through banks in Spain to Interest only mortgages.

You can read more about Euribor on http://www.euribor.org/html/content/euribor_about.html