Here at The Finance Bureau we deal in all types of mortgages including:
Residential
Holiday Homes/Investment
Commercial Loans
Self Build Projects
Bridging Finance
Non-Resident Mortgages
Variable rates from 2.4%
Fixed rates from 3%
*LTV refers to the lower of the two figures between the purchase price and the valuation.
**The EURIBOR rate today is 2.248%
LTV * – up to 70% for Euro/USA and up to 60% for the Middle East.
Resident Mortgages
Variable rates from 1.95%
Fixed rates from 2.5%
Types of Mortgages we cover:
Residential
Holiday Homes/Investment
Commercial Loans
Bridging Finance
Self Build Projects
Non-Resident Mortgages
Variable rates from 2.4%
Fixed rates from 3%
Resident Mortgages
Variable rates from 1.95%
Fixed rates from 2.5%
LTV * – up to 70% for Euro/USA and up to 60% for the Middle East.
*LTV refers to the lower of the two figures between the purchase price and the valuation.
**The Euribor rate today is: 2.248%
Why Costs Are Involved?
- Notary and registry fees
- Property Tax 6-10% on resale properties depending on the region
- Valuation fee 0.1% of purchase price
- Bank arrangement fee 0% – 1.5%
- Lawyers and Mortgage Broker fees
How Much Can I Borrow?
Maximum Loan-to-Value of 70% available depending on your tax residency.
Spanish banks consider 30-35% of your net income for calculating borrowing capacity, after taking into acccount existing financial commitments.
How Much Can I Borrow?
Maximum Loan-to-Value of 70% available depending on your tax residency.
Spanish banks consider 30-35% of your net income for calculating borrowing capacity, after taking into acccount existing financial commitments.
How Much Deposit Do I Need?
- 30% to 40% minimum deposit
- Up to 11% closing costs for resale properties
- Up to 15% closing costs for new build properties
What Do We Charge?
At The Finance Bureau, we take pride in delivering tangible results for our clients, and our fee structure is entirely performance-based. This unique approach aligns our interests with the objectives of our clients, ensuring optimal market outcomes. Our commitment is reflected in the three pillars of our service-the 3 A’s.
Advice:
We provide well-informed recommendations that align with your long-term financial goals.
Application:
We meticulously optimise your application process to achieve the best possible results. With over two decades of cultivating strong relationships with banks, we leverage our extensive network to secure the most favorable conditions for our clients.
Admin:
Our ongoing support spans the entire lifetime of your mortgage, ensuring a seamless and hassle-free experience.
Our transparent fee structure is designed to be fair and competitive:
1% of the loan amount or €1,500 for mortgages less than €150,000. At The Finance Bureau, we are dedicated to making your home ownership journey not only successful but also financially sound.
The Buying Process
A Step-by-Step Guide. Discover the seamless process of securing your dream home with The Finance Bureau. From application to approval, our streamlined approach ensures a stress-free experience. Follow these simple steps to navigate the path to your new home with confidence and ease.
If you would like more information on obtaining a mortgage, get in touch and speak to one of our expert advisors.