Spanish Mortgage Alliance

Our aim, to ease the pain of finance in Spain!!!

Who We Are

The Spanish Mortgage Alliance was established in 2005 and consists of a team of experienced professionals who between them have over 10 years experience in processing Spanish Mortgages.  The company is dedicated to providing the highest quality of service and advice to clients wishing to purchase anywhere in Spain.  In order to achieve this we have strong links with a wide variety of lenders offering the best range of products in the mortgage market.

What We Do

We recognise that purchasing a property is one of the most important decisions many of our clients will ever make.  With this in mind we believe in going the extra mile to ensure that the purchase process is made as simple as possible.  We explain the process, assess your financial situation, suggest the best mortgage to meet your requirements, organise a valuation and liaise with all parties involved.  Our customers are safe in the knowledge that we will do the shopping around for the right product for them.  Our experienced administration team will update them at every stage of the process and take them through to completion.

Current Product Overview

For non residents the range of products available includes Mortgages and Re-Mortgages of up to 80% loan to value, 25 years interest only, 35 year term, non status mortgages and competitive fixed and variable interest rates.*

For residents loans up to 90% loan to value and 40 year terms are also available.*

Specialist products are also available such as multiple purchase loans for investors and products to assist you when moving home in Spain

 

*All products are subject to status and lender terms and conditions

Click here to go to our Enquiry Form

How To Decide On The Correct Mortgage Product

The first thing to do is have a consultation either in person or over the telephone with one of our advisors.  They will be able to advise and assist you.

In order for them to make a correct assessment you will need to provide the following basic information:

1. Annual / Monthly Gross or Net income of all applicants
2. Ages of all applicants
3. Property Purchase Price
4. Amount of loan required
5. When is the property available for completion

How To Apply For A Mortgage In Spain

Once you have decided on the product to suit you we will require a selection of documentation and information as follows, in order to approach the lender on your behalf:

A copy of passports for all applicants (residency card if resident).

1. Documentation proving income such as payslips and bank statements (the documents specific to your application will have been discussed with our advisor).
2. Details of your solicitor (we understand that you may not already have established a relationship with a reliable solicitor.  As part of our service we are able to recommend professionals on an unbiased basis).
3. Details of any third party involved such as a real estate agent or developer.
4. Details of the property you are purchasing (registry details or the “Nota Simple”).

In most cases clear faxed or scanned and emailed copies of documentation are sufficient.

Costs Involved

There are a number of fees associated with purchasing a property in Spain and these will be explained to you on your first consultation.  We are able to provide an approximate breakdown of costs; however your lawyer will provide the exact breakdown close to completing your purchase.

Customer Service

We maintain contact with you during the transaction and through to completion.  As part of our ongoing after sales service we are at your constant disposal to clarify any further queries you may have, even after you have completed on the purchase of your property.

 

For more information, please complete the form below and one of our advisors will contact you very shortly.

General details
*Name
*Telephone
*Email
Best time to contact
Financial details (optional)
Total monthly income (All applicants)
Existing Monthly Mortgage Payment
Deposit available
Property Purchase Price
Your Query
(*)Compulsory Fields