Spanish Mortgage
Your Spanish property may be repossessed if you do not keep up repayments on your mortgage.
Being just a short flight from the UK many people find that Spain is the ideal location for either a short break or as a longer term getaway. However when it comes to buying a Spanish property, it's easy to be put off by the difficulties of organising a mortgage using an overseas bank.
With the Spanish Mortgage you can arrange finance to purchase property in Spain, all with the reassurance that comes from a name you trust.
With the Spanish Mortgage you can:
The Spanish Mortgage - Key Points
| Age and employment | You need to be over 18, and have a regular stable income. |
| Borrowing limits | All applications are individually assessed on their affordability and will take into consideration your sole or joint income. For a residential mortgage, the maximum amount we will advance normally is 65% of the value of the Spanish property or purchase price, whichever is lower (60% for interest only mortgages). With a self-build mortgage the maximum advance is is 60% of project cost/gross development value, whichever is lower. For an equity release loan the maximum advance is 65% of the value of the Spanish property (60% for interest only mortgages). |
| Currency options | Available in Euros. |
| Letting/renting | You must intend to occupy the Spanish property yourself. Although you may rent the property to family and friends or for short term holiday lets, the Spanish Mortgage is not for those letting commercially. |
For further information on purchasing property in Spain please visit our Spanish Mortgage website.
The Spanish Mortgage is provided by Adam & Company plc trading as NatWest, a UK subsidiary of The Royal Bank of Scotland Group.
Apply now
Contact our Spanish Mortgage team on:
0845 900 8000
(calling from the UK)
00350 200 40013
(calling from overseas)
Lines are open: Mon to Fri 8am-4pm GMT (excl. public holidays).
Calls may be recorded.