Soy un extranjero no residente en España y recibí la ayuda de Mortgage Direct S.L. para obtener un crédito y comprar el apartamento de nuestros sueños como familia. Especialmente, Martine... read on
A SPV is a legal entity – usually a Spanish limited company – that is set up for a specific business purpose in order to maximise tax efficiency. SPVs can be used for property purchase in Spain and can either cease to trade post-purchase or can be used for subsequent rental of the purchased property.
With the recent UK government announcement allowing foreign travel for certain activities including buying, selling or renting a residential property, we expect to see a surge in demand for property purchases and mortgage enquiries in Spain
Driven by the demands of our Ibiza property owners and buyers, our MD Premier team has expanded our panel of mortgage lenders to international banks, private banks, bridging finance lenders, construction loans and bespoke lenders
Mortgage Direct invites you to register for the webinar on Covid-19 and the future of mortgages in Spain. As we are based in Spain, we experience the lockdown and how it affects the country first-hand. In the webinar, we will elaborate on how to get a mortgage during and after the lockdown.
What does Brexit uncertainty mean for the Spanish mortgage market. Read the market review and mortgage forecast by our advisor Howard Steel.
If you are planning to buy a property in Spain, you will need a Spanish bank account to pay utilities, local taxes and mortgage payments. Mortgage Direct can open an account for you as part of the pre-approval process. Firstly we assess your ability to obtain a mortgage in Spain and, when we are confident that we can secure the borrowing, we submit the case to the chosen Bank for a formal pre-approval. Once the mortgage is approved, the bank will open your bank account without you having to travel to Spain in person and waste valuable time and money.
Following the UK’s decision to leave the EU in the referendum, we have spoken to senior contacts at several leading banks in Spain to get an idea of how the Brexit vote may affect Mortgage Direct and Spanish property buyers from the UK.