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THE MORTGAGE

Your mortgage will be arranged through our Spanish agents — typical interest rates on Spanish mortgages range from 4.25—4.75%.

Your estimated monthly mortgage repayments per £100,000 borrowed will be £375 (at 4.5% interest).

The mortgage will be based on an interest only initial period of between one and ten years. After this initial period it will revert to a standard capital and repayment mortgage for the remainder of the term.

Your mortgage will be for the full purchase price plus costs, therefore there is nothing else to pay other than the £7,000 up front.

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