The usual way of buying property in Spain involves paying a large deposit, typically 30% of the purchase price. This would usually be between £50,000 and £100,000.

With That’s Odd you will only have to pay £7,000 up front. There is no large deposit to pay because the banks are providing a 100% mortgage and are therefore effectively financing the deposit.

The £7,000 you will pay is made up of:
£4,200 deposit (this comes off the purchase price)
£1,800 finders fee, pre-valuation and other admin
£1,000 marketing (this covers professional photos of your property and marketing it on 15—20 websites)

There are other associated costs with purchasing a property in Spain, including solicitors fees, 7% IVA (Spanish VAT), mortgage fees, valuations, etc.). These costs vary from region to region and property to property, however, we estimate them to be approximately 15% of the purchase price, which will be added to the mortgage.