Spanish mortgages do not operate in the same way as those in the UK and there are few if any fixed rate deals available.
However banks keen to write mortgages and undercut their competitors by a reduction in the overall interest rate.
Similarly some lenders historically lent on an interest only basis for a certain period and then require the mortgage to be transferred to a Capital and Interest repayment basis. This may cause hardship and we have many lenders prepared to provide loans on an interest only basis.
Contact us at Spanish Mortgage Services to establish how we can reduce your mortgage repayments.
