Fantastic service! We had a slightly complicated situation due to being non-residents and thought we would only be able to get a variable rate mortgage. Will was able to get... read on
A new home for UK nationals, resident and self-employed in Spain
I was contacted by a UK couple who had lived and worked in Spain for many years. Currently renting, they were looking to buy a property as their main – and only – home in Spain. They had contacted the bank where they held their personal and business accounts and been disappointed to be told […]
Lending to a company formed in Spain for property purchase
Introduction We were contacted by an estate agent in Tenerife who had received a request from clients to view properties in a price range up to €1.4 million. The agent requested we contact them to review their mortgage options for lending to a company and confirm the price range was realistic. Buyer Profile The clients, […]
High profile client buying a luxury property in Ibiza
High-profile client buying a luxury property in Ibiza Summary We were approached by a high-profile client seeking to purchase a luxury property in Ibiza. As often happens in these types of transactions, we worked on a solution with them over a few years. We studied the financial implications of several property types; self-build projects, luxury […]
100% Mortgage Financing for HNW Client in Barcelona
Transaction Overview We were approached by a HNW client looking to purchase property in Barcelona for €3.2m, from where they would be spending much more time as a result of Covid and changes to their lifestyle. Initial Challenges We were recommended to the client by a lender that was unable to assist due to geographical […]
Professional UK landlord
I was approached by a client, a UK landlord, looking to purchase a holiday home in Spain. His direct applications to Spanish banks had been declined and the deadline for completion was fast approaching. Although his financial profile was excellent, the banks’ issue was that his sole income was from property rentals. Buyer’s profile The […]
Lending to a company
Introduction: Lending to a company The investment advisers of a wealthy entrepreneur contacted us to seek assistance in raising equity against an unencumbered property asset in Barcelona, the objective being to purchase new property assets in Spain and Portugal and achieve mortgage lending to a company. The Transaction The asset from which the clients were […]
New Build for High Net Worth Individual
Introduction: New Build for High Net Worth individual We were approached by a High Net Worth individual (HNW) who wanted to secure finance over a new build villa in the Balearics. The client was not willing to place additional assets under management (AUM) and preferred a mortgage in Spain, fixed for the longest possible term […]
British and Spanish tax residents
I was approached by a married couple – tax residents in two different countries – that wanted to secure finance over a property they were buying in Barcelona. The main income earner worked on a yacht for most of the year whilst his wife lived in a property they were renting in Barcelona. Although he […]
Friends From Two Different Countries Buying Off-Plan
Introduction: New Build for High Net Worth individual We were approached by a High Net Worth individual (HNW) who wanted to secure finance over a new build villa in the Balearics. The client was not willing to place additional assets under management (AUM) and preferred a mortgage in Spain, fixed for the longest possible term […]
Moving to Spain
I was contacted by a client who was selling his UK property and had just made an offer on a property in Spain with the view to move to Spain permanently once both transactions were completed. Buyers Profile The client had various streams of income. He was a director of his own company, receiving a […]