Residential mortgage
Your Spanish property may be repossessed if you do not keep up repayments on your mortgage.
Many of our customers are visitors to Spain who, having enjoyed the warm climate and relaxed lifestyle, have decided to buy a Spanish home. Whether you want a home for permanent residency, holidays or for your retirement, the Spanish Mortgage is for you.
Buying a holiday or future home in Spain
Provided the property in Spain is fully constructed, structurally sound and ready for occupation, the Spanish Mortgage can help you.
The Spanish Mortgage - Key Points
| Minimum loan amount | 100,000 euros |
| Minimum loan term | 3 years |
| Maximum loan term | 25 years |
| Minimum age at start | 18 years of age |
| Maximum age at expiry | 70 years of age |
| Maximum Loan to Value (LTV) | 65% of the purchase price or valuation of the Spanish property, whichever is lower (60% for interest only mortgages) |
| Currency options | Available in euro |
| What you can borrow | Applications are assessed on individual affordability. When calculating affordability, consideration is given to customers' 'Net Disposable Income' (NDI), "Net monthly income less Long term commitments". This should not exceed the NDI figures below
Long term commitments include:
Minimum NDI figures:
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The Spanish Mortgage is designed for people wishing to occupy the property. Although you will be free to rent the Spanish property out to family and friends or for short term holiday lets, the Spanish Mortgage is not for anyone planning to let on a commercial basis.
For further information on purchasing property in Spain please visit our Spanish Mortgage website.
The Spanish Mortgage is provided by Adam & Company plc trading as NatWest, a UK subsidiary of The Royal Bank of Scotland Group.
Apply now
Contact our Spanish Mortgage team on:
0845 900 8000
(calling from the UK)
00350 200 40013
(calling from overseas)
Lines are open: Mon to Fri 8am-4pm GMT (excl. public holidays).
Calls may be recorded.