4Less Group

I purchased a development off plan back in May 2005 in the Mojacar region of Almeria.  I am hoping to complete in the late summer and need a Spanish mortgage to pay the further 75% balance.   My Agents recommended a mortgage broker 4less group.   I have also requested information from Barclays who have a branch in Mojacar.   I probably need a company that does not take fully into account my current uk mortgage (as I believe Barclays do).  The 4 less group have told me that mortgage lenders they deal with base their offer on monthy outgoings compared to incomings and have stated that I should easily be able to borrow the money required.   Has anyone had any dealings with this broker?   Any other recommendations would be appreciated.

They add UK outgoings to new Spanish outgoings and it must not exceed a certain % of disposable (after tax) income, including pensions and investments. Different lenders assess in different ways (in the same manner as the UK). Some lenders will not advance if you are deemed a professional landlord in the UK (large numbers of buy to let properties on BTL mortgages) but they will credit search the UK so will know about them from your credit file. There are also some lenders that do not look at all UK debt and liabilities and only require bank references instead of bank statements.