If you are able to add the mortgage clause to the contract – your money is no longer at risk should the banks let you down at the last moment or should the valuation come in low or the bank decide they do not want to lend against that specific property etc. So now the… Read More

Many non-residents looking to purchase holiday homes in Tenerife with to do so with a Spanish Mortgage. Since the credit crisis back in 2008 this has become a lot more difficult than it used to be far as banks reduced their LTV offerings from upto 100% right back to 70% maximum. The whole process takes… Read More