Spanish Mortgages

Lifetime Mortgages

Lifetime Spanish mortgages

Increased values of Spanish properties and continuing Sterling to Euro exchange rate pressures have left many retirees asset rich and income poor.

There are a number of so called life time mortgages but by the very nature that this is a lifetime commitment you need to be very careful about taking out such a mortgage.
We are up to date with most schemes offered in Spain and we will only recommend products from reputable institutions approved by the FSA in the UK. This means you have the comfort of knowing it falls within current UK regulations.

You can now free up a percentage of the value of your Spanish home and invest or use the extra cash as you wish to supplement your income and improve your standard of living. All this can be achieved knowing you will have no repayments to make during your lifetime and that the loan will never exceed the value of your property. You will be provided with a fixed not variable rate so can be clear from outset of how much will be owed at any stage should your circumstances change.

 

Contact OLG now for free, independent advice on Lifetime mortgages in Spain.

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