Applying for a mortgage in Spain requires various documents, which can differ from bank to bank. To help you prepare, we’ve compiled a comprehensive list of the mortgage documentation in Spain banks might request. Once we determine which bank will handle your application, we will provide you with the specific checklist or confirmation via email.
Essential documents for all applicants
To initiate your mortgage application, you typically need the following:
- Solicitor’s details: Provide the name, email address, and telephone number of your solicitor.
- Purchase or reservation contract: This document confirms your intention to purchase the property.
- Details of non-debt related payments: Include significant payments such as private school fees, alimony, or rent. Highlight these on your bank statements.
- Full UK credit report: UK applicants should download their full Experian report from Credit Expert. Other applicants should provide equivalent reports from their home country.
- NIE number: Provide your NIE number if you have one.
- Bank statements: Show savings for the deposit, fees, and taxes. Include statements for any other assets, such as managed funds or share portfolios.
- Signed Mortgage Direct terms and conditions: Sign and return this document.
- Estate agent’s details: Include the name, email address, and telephone number of your estate agent.
- Current nota simple: Provide the latest Nota Simple for the property along with a web link.
- Completed application form(s): Ensure all application forms are fully completed.
Additional documents (occasionally required)
In some cases, additional documents may be needed:
- Details of other loans or debts in Spain: Include bank receipts for the last three payments, if applicable.
- Bank reference letter: A letter from your bank confirming the length of your relationship and satisfactory account maintenance.
- Latest annual mortgage statement: For any properties you already own.
- Latest three bank receipt slips: For mortgages on properties already owned in Spain, if applicable.
- Utility bill: A recent utility bill (gas, electric, or water) to prove your current residence.
Ready to begin your mortgage application?
Ensure you have all the necessary mortgage documentation in Spain to streamline your mortgage process. Contact us today for personalized assistance and start your journey toward securing a mortgage in Spain.