DEALING WITH YOUR MORTGAGE IN SPAIN

If you need a mortgage to buy your home in Spain, please hire the service of a professional independient advisor.

Your spanish lawyer could help to get the best mortgage for you and make sure that all your rights are covered.

What should your lawyer do for you?

First, compare all the conditions of  the differents banks could offer for you.

The most important is not only  your monthly quote  if not the rate you are paying for  your mortgage.

It is not the same to pay Euribor plus 1% than Euribor plus 2 % you could pay double of the price of your house if you do not get a good advise before to sign your mortgage.


Your lawyer should advise on:
1.  The legal rate according to the market. The maximum and the minimun rate to pay.
2.  The Openning commissions
3.  The partial cancelation commissions
4.  The total cancelation commissions
5. Compulsory or not Home Insurance
6. Others products links to the mortgage like life insurance or medical insurance, bank deposits...

You should get all the conditions ready in your binding offer  before go to the Notary. You could read and revise all the clauses with enough time.

You choose the Notary and you choose the Gestoria, because you are the payer. The Banks provides you a service that you are paying for,  do claim all your rights.

For more information contact us at  info@virginiaramos.com