If you are trying to release cash from a property you already own through a
re-mortgage or equity release then the banks will have to be satisfied that the cash
you receive will be used for legal purposes and not for evading taxes or any other illegal purpose. They will therefore, in most cases, ask questions about
the intended use of the money.
Spanish Bank Account
When arranging a mortgage in Spain a Spanish bank account will also be required to facilitate the initial transaction and the ongoing monthly repayments.
If you have any questions or would like a
mortgage quote we will be pleased to help. Please contact us using the following
form Spanish
Mortgages Enquiry
For Spanish mortgages contact Olg
mortgage specialists. For Information on a mortgage in Spain click the following
link: Spanish Mortgages Spain100 % Mortgage rates from just 3.9%
