Spanish Mortgage
Being just a short flight from the UK many people find that Spain is the ideal location for either a short break or as a longer term getaway. However when it comes to buying a Spanish property, it's easy to be put off by the difficulties of organising a mortgage using an overseas bank.
With the Spanish Mortgage you can arrange finance to purchase property in Spain, all with the reassurance that comes from a name you trust.
With the Spanish Mortgage you can:
| Age and employment | You need to be over 18, and have a regular stable income. |
| Borrowing limits | All applications are individually assessed on their affordability and will take into consideration your sole or joint income. For a residential mortgage, the maximum amount we will advance normally is 65% of the value of the Spanish property or purchase price, whichever is lower (60% for interest only mortgages). With a self-build mortgage the maximum advance is is 60% of project cost/gross development value, whichever is lower. For an equity release loan the maximum advance is 65% of the value of the Spanish property (60% for interest only mortgages). |
| Currency options | Available in Euros. |
| Letting/renting | You must intend to occupy the Spanish property yourself. Although you may rent the property to family and friends or for short term holiday lets, the Spanish Mortgage is not for those letting commercially. |
For further information on purchasing property in Spain please visit our Spanish Mortgage website.
Apply now
If you want to apply for a Spanish Mortgage you will require to complete an application form and provide the following documents:
- Last 3 months' banking statements
- P60 or equivalent
- Certified true copy of passport(s)
- 2 forms of address identification
Call us
Contact our Spanish Mortgage team on:
0845 900 8000 (from the UK call)
00350 200 40013 (from overseas call)
Monday to Friday 8.00am-4.00pm GMT (excluding public holidays). Calls may be recorded.
Ways to apply
Contact our Spanish Mortgage team on:
0845 900 8000
(calling from the UK).
00350 200 40013
(calling from overseas).
Monday to Friday 8.00am-4.00pm GMT (excluding public holidays). Calls may be recorded.
YOUR SPANISH PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
THE SPANISH MORTGAGE IS PROVIDED BY ADAM & COMPANY PLC TRADING AS NATWEST, A UK SUBSIDIARY OF THE ROYAL BANK OF SCOTLAND GROUP