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Saturday, November 22nd, 2008
Summary: How to secure the finance you need to buy your dream property in Spain with the help of British banks
According to the latest research from the Spanish property experts at Kyero.com who run what is probably the largest online portal for Spanish property, the vast, vast majority of people who want to buy property in Spain want to buy it within an hour’s drive of a cheap flight type airport…of course this means such real estate is now intensely in demand which pushes the potential for prices to rise even higher right up!
This is great news for those of you who have already bought a property in Spain but if you have yet to get your hands on your dream home here’s some key information for you about mortgages in Spain from British banks because these types of product could well offer you the answer you’ve been looking for in terms of affordability…
Yes you can get a mortgage in Spain from a Spanish bank. Yes you can re-mortgage your UK home and use the money you take out to buy property in Spain effectively securing it on your British property – but more and more people are opting to go for mortgages in Spain from British banks because then they achieve a best of all worlds situation…
This is where the mortgage is arranged through the medium of English, it is raised in euros, it is secured on the property in Spain, there are no currency fluctuations and exchange rate concerns, the British bank understands the way its British customers like and expect to do business and finally, the British bank that can offer mortgages in Spain also has a presence in Spain. What this means in the case of the number one British bank in Spain offering this type of service, namely Barclays, is that they understand the intricacies of the Spanish mortgage and property buying process, they can assist their customers not only with their mortgage but all their banking needs in Spain and even tie the lot up together with all their British based banking and finance needs as well!
As stated, Barclays are the main British bank with an exceptionally strong presence in Spain. They have been in Spain for over 30 years which means they are practically local already! They have also helped thousands upon thousands of British home owners to realize their dream of owning a Spanish property – and they can do the same for you.
Initially the best approach is to click here to contact Barclays, complete the quick form with your contact details. A representative of the bank will then call or email you according to your preference and discuss your options, what’s possible, how much you can borrow, how you can apply for a mortgage – basically everything associated with affording your dream Spanish property. You can then reflect on all the information given at your leisure and even call Barclays back any time to get any unanswered questions resolved.
By taking this action sooner rather than later no matter where you’re at in your research into finding that Spanish property that ticks all your boxes, you will have the information about what you can borrow and how the process works clear in your mind which frees you up to concentrate on the fun part of property hunting – the holiday in Spain to view homes!
Click here to contact Barclays Bank about mortgages in Spain…