If you are planning to buy a property in Spain, you will need a Spanish bank account to pay utilities, local taxes and mortgage payments. Mortgage Direct can open an account for you as part of the pre-approval process. Firstly we assess your ability to obtain a mortgage in Spain and, when we are confident that we can secure the borrowing, we submit the case to the chosen Bank for a formal pre-approval. Once the mortgage is approved, the bank will open your bank account without you having to travel to Spain in person and waste valuable time and money.
We bring you a transparent overview of the mortgage news and property market in Spain from the perspective of our internationally qualified advisers and other industry experts. From simple guides on how to save time and money in a complex market to in-depth analysis of the current and future state of the industry.