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Costa Del Sol Mortgage
Submitted by Harry Chumley on 23/Nov/2004
Message:
Welcome to our information page on obtaining a Costa del Sol Spanish Mortgage
The Costa del Sol has great diversity with something to offer for almost everyone and is becoming increasingly popular choice for Property purchasing as holiday homes or permanent residences. The Costa del Sol is located on the east and west of Malaga in Andalusia. Costa del Sol has a reputation for international jet set lifestyle!. The Costa del Sol is a prime location to purchase in and we can help finance your dream to reality!
http://www.tms007.co.uk/enquiry.php?from=eumortsspaindelsolreeu
Fees
This can vary from £250 to as much as 2% of the purchase price or valuation of the property in Costa Del Sol Spain.
Mortgage Valuation
If it is a straight forward residential property purchase then most banks will make an offer which is often only 50% of the actual declared Spanish property purchase price. This makes life very difficult for people buying mortgages in Spain as often the difference between the actual purchase price and the declared purchase price is huge. We have seen this problem on many occasions and our lenders offer us superb flexible arrangements to get around this problem in most cases.
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