Step 1

Once you have contacted us we will send you an application form, along with the terms and conditions of our service. You can return the completed application form via fax, email or by completing the online application form. This form does not mean that you are making a formal application it merely helps us to assess whether or not your case is viable. When we receive your completed application form we will study your case in detail, assessing your financial situation, hoping to identify the best offer that coincides with your personal economic strategy. This will help you to secure the loan in the short term but will also allow you a degree of flexibility, which will help you save unnecessary interest payments in the future.

We will respond to your enquiry within 48 hours indicating the viability and mortgage conditions we expect to be able to negotiate on your behalf based on the information provided.

All of our risk analysis is based on information that you provide us. It is therefore very important that all the information provided is correct and accurately represents your financial situation. Failure to keep up with mortgage repayments could result in you losing your home and investment.

Assuming your case is viable and you are happy with the terms and conditions of our service we will proceed to the next stage.

Step 2

In order to process with your enquiry,

You will need to send to us the documentation highlighted in the Mortgage Checklist. All your documents are strictly confidential and will only be used for the purposes of your mortgage application.

Step 3

Once we receive your documents a full application package will be developed and presented at variety of banks and building societies. We will allocate a specialist advisor to your case and provide you with their contact details. Your advisor will contact you to present themselves and explain the following stages in the mortgage process. Your advisor will answer any questions you might have regarding your mortgage application. They will also be able to help you on many other issues you might have regarding the purchase of your property. ( we will not begin to develop your case until we have received all the information.)

Step 4

Once we have secured at least one approval we will need to arrange for a valuation of the property and check the legal inscription of the property in the local land registry. The valuation is conducted by an independent company and generally costs between 250 € to 400 € according to the size of the property. Land registry details (nota simple) generally costs 20 €. The valuation and the Land registry details are a requirement of the mortgage. We will arrange for both these items.

Assuming that the valuation and the registration detail are in order we will continue to the next stage.

Step 5

A dated will be sent for all parties (buyers, sellers, bank, notary and any legal representatives) to attend. This date will be decided according to your availability. The Notary will check all legal details are correct and will declare the sale of the property and constitute the mortgage. All the relevant payments will be made including the 0.5% fee payable to The Spanish Mortgage Company.