When you embark on the journey of purchasing a property in Spain and securing a mortgage, the bank will provide an estimate of the primary expenses and fees associated with your property transaction. Since the enactment of the new mortgage law in 2019, most of the mortgage-related costs are covered by the banks/lending institutions. As […]
Along with the Affordability Assessment you will carry out with your mortgage broker, one of the other things you should consider at an early stage is a valuation of the property you wish to buy. With various legal complexities applying to properties in Spain, the property appraisal can be key to having a mortgage approved.