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Spanish mortgage in uk

Spanish mortgage in uk

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Old Nov 17th 2012, 10:28 am
  #1  
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Default Spanish mortgage in uk

I have a small mortgage in Spain which I'm just wondering if there are banks in the UK that I could re mortgage with. I'm fairly sure it would be cheaper than what I'm paying currently. Also I would find it a bit easier to keep track of.

Anyone done it and used any of the major banks in the UK?

Thanks
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Old Nov 17th 2012, 11:20 am
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Default Re: Spanish mortgage in uk

I don't think UK banks will arrange a mortgage on a Spanish property.
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Old Nov 17th 2012, 2:22 pm
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Default Re: Spanish mortgage in uk

Can't see any banks giving a mortgage on Spanish property at the moment
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Old Nov 17th 2012, 6:18 pm
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Default Re: Spanish mortgage in uk

I guess that's true. Probably hard enough getting a Spanish bank to lend
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Old Nov 17th 2012, 6:53 pm
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Default Re: Spanish mortgage in uk

NatWest do or did Spanish mortgages, worth having a look.
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Old Nov 17th 2012, 8:31 pm
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Default Re: Spanish mortgage in uk

If Spanish banks won't lend I can't see UK banks lending especially on a remortgage.
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Old Nov 18th 2012, 5:31 am
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Default Re: Spanish mortgage in uk

I obviously don't know your circumstances. Are you able to mortgage against a UK property?
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Old Nov 18th 2012, 7:34 am
  #8  
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Default Re: Spanish mortgage in uk

We tried to get a mortgage on a Spanish property about 4 or 5 years ago and were told by our UK bank that they wouldnt do it cos if it was ever necessary to repossess, it would be too costly so they didnt/wouldnt do it - eventho it was only a tiddly little mortgage

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