25 Aug 2008 6:18 AM:
Michaelrose, Thanks for sharing all that information with us, it will be very useful. I see you have taken your mortgage with CAM bank and I wondered if you could answer a couple of questions for me. Are they the bank who have been financing Polaris World and how do I get in touch with them to discuss mortgage options? I am buying a penthouse on Los Naranjos and although I don't have a completion date yet I am expecting one very soon as those around me seem to be getting phone calls just now. Obviously the completions have come much earlier than we all expected and I am probably not the only one who is not prepared for this and is worried due to the financial situation in UK. I was hoping to sell another property in Spain to finance this one but I have not been able to sell it yet (and also this has come early). I am wondering whether taking out a mortgage in Spain may be a better option due to the bad exchange rate. I am buying the property with 2 other people who have their finances sorted so would CAM bank need to take them into account or could I just have the mortgage in my name alone? Apologies for rambling on but I'm hoping that you may be able to put my mind at rest about a few things. Any information would be useful.
Regards, Olive66
Thread:
Beginners step by step guide to Polaris completion
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