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Balearic Island Mortgages, mortgages in Balearic Islands
A service from www.MortgageShop.com the online mortgage information and application processing system.
Obtaining a mortgage for the Spanish islands of Mallorca (Majorca), Ibiza, Menorca and Fuerteventura need not be a stressful experience, although in many instances it can be - without the correct advice. At www.MortgageShop.com we deal with all Spanish banks, all of them with different rates and criteria. Loan-to-value percentages, range from 50% to 100% dependent on the bank and whether you are a resident or non resident. The most common funding we offer for non residents is 80% of the property purchase price or valuation, and we are happy to confirm that you don't have to be Prince Charles to qualify for this which we find is rare in Spain.
we also offer a form of no limited proof of income mortgages, where
reams of documents are not required. We also pride ourselves in offering
rare to find adverse mortgages in Spain where UK debts and poor credit
ratings are not taken into account. These types of mortgage are not
offered by the banks to High St customers.
Introductory / Administration fees