International Mortgage Solutions
International Conveyancing solutions

Personal, Professional & Independent Advice.

Spain:   +34 952 459 745

Bancaja who were in a big player in the mortgage market for both residents, developers and non-residents are somewhat subdued at present.

Bancaja have very good offerings on loans where the property is being bought direct from them or from a development they have funded. At present for non-residents, they can offer up to 80% with nothing to pay for three years and 100% for residents of Spain.

For loans outside their own property portfolio terms are not very good. Rates are relatively high with linked products attached and loans approved by central risk can be overturned by local branch managers giving little comfort to a client who has to pass over non refundable deposits before completion.

Banacaja are one of the few banks promoting and offering to tax residents of Spain immaterial of nationality a lifetime style loan for older applicants wishing to release equity with no payments made until death.

Bancaja like many banks will not do re-mortgages which is difficult to understand given it must be less risky to take over a performing loan then lending to a completely new applicant.

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Spain: +34 952 45 97 45 | Fax: +34 952 45 97 42

International Mortgage Solutions, Lista de Correos, C.P 29110, Monda Malaga

International Mortgage Solutions guarantee the following:
Neither your personal financial details or other personal information sent for a mortgage enquiry or application
will at any time be passed to or sold to any third party for data base marketing purposes or any other reason.
Information in relation to a full mortgage application will only be passed to the bank or relevant banks to which we are making an application.

Please note that all UK mortgage enquiries are passed with the clients permission to an authorised independent UK broker.
We do not advise on or arrange UK loans directly ourselves as we are not FSA regulated to do so.