22 Oct 2012 2:11 PM:

I certainly didn't say "they don't do many checks!!!!". They get your experian credit report and check your income, accounts and bank statements to make sure you can afford it.  They just don't go over the top like some UK banks we have dealt with asking for every little detail.

Thread: To Mortgage or Not to Mortgage

--------------------------------------

20 Oct 2012 12:32 PM:

Hi

Just wanted to give the other side of the story.  I would highly recommend a Spanish mortgage.  Just been down that route and couldn't decide to pay cash or mortgage.  Bought lovely villa for £170,000 euros on Mar Menor Golf Resort. But as they were offering excellent 100% mortgage deal and very low interest rates seemed crazy not to take it, if only for a few years. There are NO early repayment fees so we can pay money off as and when we want. Also the arranging of the mortgage was hassle free compared to the great hassle we had in the UK of arranging our last mortgage. The bank in Spain was so much more informal and pleasant to deal with - and very quick too.  Didn't ask for nearly as much paperwork as the UK bank we dealt with.

Good luck with your purchase :)

Thread: To Mortgage or Not to Mortgage

--------------------------------------

12 Feb 2011 12:00 AM:

Hi I'm thinking of buying on one of these resorts and wondered how many weeks a year on average you manage to rent out your property (if you rent it out!).  There seems to be a lot of property and so I thought with there being so much competition it might be difficult to let? 

Thread: Question for La Torre and Mar Menor Owners

--------------------------------------

12 Feb 2011 12:00 AM:

Anyone bought a bank repossession on Polaris World resorts?  I'm thinking of buying but would appreciate any input.

Thread: Bank Properties Polaris World

--------------------------------------

12 Feb 2011 12:00 AM:

Hi all

This is my first post but I'm hoping for some advice.  I am thinking about buying a villa on Polaris World La Torre as there seems to be some bargains around especially the bank reposessions.  The only thing is there seems to be a lot for sale and I wondered what the reason was?  Has anyone else bought on La Torre?  What is it like?  Also does anyone know anything about Polaris World Mar Menor and which of these two resorts are considered the best?

Would appreciate any held or advice - positive and negative!

Thanks

Crisi

Thread: Buy on Polaris World La Torre?

--------------------------------------