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Getting the money to buy your property
Mortgages granted are normally up to a maximum of 70% of the valuation price, however, 80% is possible with guarantees. If you are buying off plan, this is based on the property value on completion, not while it’s still being built, so 100% finance is often available.
If sufficient equity can be generated from your UK property, you could raise a 20% - 30 % deposit with your existing lender (or alternatively you could arrange a UK re-mortgage at your high street bank), with a Spanish mortgage covering the remaining 70%- 80%.
It is surprisingly easy to arrange a Spanish mortgage and at Marben Real Estate we can personally introduce you to the leading high street banks.
Open the Mortgage Calculator
Marben Real Estate offering you new initiatives in property financing
1 to 30 Year Interest Only Mortgages Available
Equity Release on your UK property
NEW !!! “Deposit Loan” scheme – An easy way to fund your deposit payments
Example - Based on a 30% deposit required for a 200,000€ property Interest only loan – period of up to 3 years (depending of build time) 60,000 € deposit is just only………300€ a month (or GBP 7 a day !!!!!!) n.b approx 70% equity required in UK or Spanish property required
BUY BEFORE YOU SELL ! – Use your current property to purchase your 2nd You pay no mortgage payments in the first 3 months of the loan Up to 3 years “Interest Only” Giving you peace of mind within this 3 year period
MORTGAGES FOR THE RETIRED – Finance for up to 80 years of age
For further information please do not hesitate to contact us.
Fast becoming the hotspot of Spain
One of the many reasons as to why the Murcia region is classed as a ‘hotspot’ is it’s economical and easy access from most UK destinations, flying to San Javier (Murcia Airport) and Alicante. With the new international airport destined for Corvera.
