If you are thinking of buying a property in Spain then you may require a Spanish mortgage. Most property buyers make the assumption that the process to do this is the same as it is in their home country. However, this is most likely not the case.
The process can be more complicated overseas and other factors such as language barriers and varying laws can make it even more so. It is therefore extremely important that you do your research before you travel or make a potentially costly mistake.
At Las Colinas Property For Sale, we would recommend using a specialist international mortgage broker, experienced in the Spanish property market. Not only will they already have the knowledge required to get the best deal but using them will likely take a huge amount of stress away from you.
The MHI Group
After doing our own research, we have teamed up with The MHI Group. Standing for Mortgage Helpline International, they are a market leader in everything to do with overseas mortgages, including in Spain.
The MHI Group is an FCA accredited company which operates in countries all over the world. They have been operating in Spain for over 15 years and assist you with UK lending as well. The MHI Group say:
“We at Mortgage Helpline International aim to make the purchase of your overseas home as smooth as possible. You can rely on our proven experience in the mortgage market which enables us to find the most suitable solution for your needs.”
The MHI Group has highly experienced and qualified staff based in both the UK and in Spain as well as other countries around the world, ready to assist you. At Las Colinas Property For Sale, we have found this along with the well established relationships they have developed with key players in the industry to be invaluable. They have enabled our clients to get the best deals possible, much better than if they had approached the Spanish banks directly themselves.
For our clients at Las Colinas Property For Sale, The MHI Group offers a FREE pre-qualification service. This means that before travelling to Spain, you can be clear on what your budget is and enjoy your viewing trip safe in the knowledge that your Spanish mortgage has been pre-approved. Even better, The MHI Group does not request any of their fees upfront.
If you have any questions about getting a Spanish mortgage then please do not hesitate to contact us here at Las Colinas Property For Sale where we are always here to help. Alternatively, if you contact The MHI Group directly, they are also always happy to help and answer any questions you may have about financing a property in Spain.