07 Nov 2006 11:01 PM:
Any mortgage in Spain is subject to the specific requirements of any client but the majority of people favour interest only, but valuations are also important. We work off a panel of 16 lenders, but to give some examples, see below
5 years interest only, 80 % LTV with MIG, no cap on purchase price
30 years interest only, 70 % LTV, (Leeds product mentioned in previous messages)
Up to 15 years interest only, 70% LTV, up to a maximum of 90% purchase price
5 years interest only, 80% of purchase price including IVA,
10 Years interest only, 80% LTV, up to a maximum of 100 % purchase price
10 years interest only, or part and part 50% capital, 50% interest only, no repayment vehicle.
All these products are subject to qualification and valuation. We know which ones work and which ones don't work.
Thread:
What's the best deal?
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