03 Mar 2012 12:00 AM:
Very new to buying in Spain so just checking a few things out first and grateful for any advice. I'm being told you must take a euro mortgage on a purchase even if you don't need one to protect yourself from exchange rates, title protection, income tax mortgage relief if I retire to Spain, inheritance tax exposure etc. I can borrow on my existing UK property enough to buy outright alongside some savings so I become a 'cash' buyer in Spain but repaying a UK mortgage. I do not plan to retire to property for at least 5 years. What's the best way forward? Thanks.
Thread:
UK or Spanish Mortgage?
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