Spanish Purchase Mortgage

Lowest non-resident Spanish mortgage rates (Summer 2010)

Capital and repayment mortgage rates

1. 50% of purchase price or lower = 2.90%
2. 55% of purchase price or lower = 2.90%
3. 60% of purchase price or lower = 2.90%
4. 65% of purchase price or lower = 2.90%
   
5. 70% of purchase price or lower = 2.90%

Interest only Spanish mortgage rates

1. 50% of purchase price or lower = 3.80%
2. 55% of purchase price or lower = 3.85%
3. 60% of purchase price or lower = 3.90%
   
4. 70% of purchase price or lower = N/A

Fixed rate Spanish mortgages

1. Capital and repayment up to 3 years = 3.70%
2. Capital and repayment up to 5 years = 4.25%
3. Capital and repayment up to 25 years = 5.65%

Some of our market leading Spanish mortgage products:

Product 1

• Up to 100% of purchase price
• Applicable on Distressed developer property
  
• Applicable on Spanish repossession inventory
• Rates from 2.50%

Product 2

• Up to 70% of purchase price
• 70% of valuation
• Rates from 2.90%

Product 3

• Up to 60% of purchase price
• 60% of valuation
• 5 years interest only
  
• Rates from 3.80%
  

Product 4

• Up to 60% of purchase price
• Very high income multipliers in comparison to other banks
• Rates from 3.30%
• Interest only option

Product 5

• Up to 65% of purchase price
• 65% of valuation
  
• Rates from 2.90%
  
• Or rate fixed at 3.70% for 3 years and then Euribor + 1.0% (Market leader in Spain)