Valencia Mortgages

Mortgages in Valencia, Spain

Valencia Property Hound can offer the following mortgages to clients via our mortgage broker Mortgage Direct.

 

1. 80% Mortgages : 80% Loan to Value (L.T.V.) up to a maximum of 100% of the property price. Therefore if the valuation price is a good deal greater than the purchase price it is possible to get a 100% mortgage. For example if the property is valued at 250K and the purchase price is 200K then an 80% L.T.V. would be worth 200K as in a 100% mortgage.
2. Buy to Let Mortgages : 70% L.T.V. for Valencia Property Investors wishing to buy Valencia Investment Property to rent out.
3. Competitive Rates : Rates as low as Euribor + 0.45% with Euribor + 0.15% at times achievable when lenders have special promotions. Fixed rates up to 25 years.
4. Competitive Terms : Up to 40 year terms available or age 80 of mortgage holder.
5. Mortgages for Retired People : Based on pension income. Also possible using a guarantor such as a family member to secure the borrowing.
6. Redemption Free : Redemption Free Mortgages available if you decide to pay off the total amount outstanding early.
7. Equity Release : Up to 80% of the property value. Also possible for clients over 60 with no income to prove ( Lifetime Mortgages).
8. Remortgage : Remortgages can be arranged to suit clients' needs. Remortgages available with low bank charges.
9. Interest Only : Up to 40 year terms available.
10. Flexible Mortgages: Mortgages designed to give clients the flexibility of deciding to increase or decrease their monthly payments according to their circumstances subject to the mortgage's conditions.
11. Multi Currency Mortgages : Flexible and attractive solution as it allows you to choose the currency with the lowest interest rate. The rate is based on the London Interbank Offered Rate the L.I.B.O.R. and the interest rate of the country of the currency you have chosen. Rates as low as 2% have been achieved.
12. Commercial : Up to 70% L.T.V.
13. Renovation : Possible to borrow against the current property value of the property you wish to renovate and the cost of the works involved. Professional architect's survey required as well as a licence from the Town Hall.
14. Plot & Build : Up to 80% of the cost of the site purchase and cost of construction.