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I've been wanting to do this and now I have the opportunity. I am a 26 yr. old female, American.

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 Anyone living in Tenerife?
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 Weather in Barcelona, Spain?
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 What should I wear in Spain at this time of the year?
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 Im moving to spain next year(murcia), and wanted to know if any1 had any advice on how2find a good place2rent?
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 What bus company goes from Valencia (Spain ) to Torrevieja (Alicante)?
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Confused Female

Can i get a mortgage in spain if i dont have a proof of income?

i am at the moment on benefits as i had a bad accident and i am slowly getting better....i am currently on incapacity benefit.
I have always wanted to move to spain as i have spent a lot of time over there...
i will need a mortgage of about 60 percent.
i intend on working when i get to spain as i will no longer get benefits, and by the time all this is arranged i should be better health wise.

Can i get a mortgage? if so how?

thanks in advance

    



Show all answers


JillPinky
Rating
Bankinter have just released a new mortgage deal for people who have no proof of income.
They advertise :
* Interest only mortgages
* Up to 30 years loan (no age limit)
*Self Certification (No P60's, no pay slips)
*Simple quick and all in English.

Their phone number 901 523 523 OR
0034 916578871 (if calling from abroad).

We bank with them and have found them very helpful and friendly.

You say you want to work in Spain. It is not that easy to get work here. If you are lucky enough to find employment, expect to get paid a lot less than in the U.K.

Having said that, Spain is a great country to live in and I would not return to the U.K. from choice. Good luck with your venture.


ann.inspain
Rating
As you are only looking for 60%, mortgages are available without proof of income, but they are usually at a slightly higher rate than the norm.
I would advise you to rent for at least a few months anyway so that you can look for your property without rushing things, and be able to shop around for the best deals. Visit banks and mortgage brokers, or go on line and search in your chosen area
Be prepared to pay approximately 11-12% on top of the asking price of the property for different legal fees etc and make sure you are able to work out here before committing yourself to such a big debt.
If you need any help on where to start please feel free to email me
Anna


carol p
Rating
is because you are moving to spain that you think you will not get your benefit if so your wrong i have lived in spain for four years and receive benefit as long as you tell the dhss and be honest with them you will be entitled to full medical care and if nesassrey they will arrange medical check ups in spain



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