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Go Back   Pollensa Forum > LIVING & WORKING IN POLLENSA > Living & Working in the Pollensa Area

Living & Working in the Pollensa Area This forum is for any comments, questions and advice about living (permanently or temporarily) and working in the Pollensa area. Aimed at ex-pats, property owners etc.

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Old 03-09-2014, 20:32
Join Date: Feb 2008
Location: hertfordshire
Posts: 208
Default Mortgages

Please can anyone tell me where they applied for their mortgage for their spanish property . We only need a small mortgage but are finding it extremely hard to get a british building society to give a mortgage on a spanish property and the ones that advertise that they do when you speak to them they havent a clue where to start . Any advice much appreciated .
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Old 03-09-2014, 23:07
Join Date: Feb 2008
Location: Surrey & Puerto Pollensa!
Posts: 240

In my case BBVA. Also only a small (thankfully!) mortgage. I arranged it initially through their branch on Cannon Street in the City and it was finalised by the PP branch on Carretera Formentor. This was in 2006.
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Old 04-09-2014, 08:48
Join Date: Feb 2008
Location: hertfordshire
Posts: 208

Thank you so much i will give them a ring .
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Old 04-09-2014, 13:56
Join Date: Aug 2008
Location: Puerto Pollensa
Posts: 2,153

When we had ours some years ago we used Abbey National but you are probably better going to a Spanish bank.
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Old 05-09-2014, 08:28
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Join Date: May 2001
Location: Colchester, UK
Posts: 3,814

Another option, if feasible for you, is to mortgage your UK house and raise funds that way.
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Old 05-09-2014, 09:48
Join Date: Feb 2008
Location: hertfordshire
Posts: 208

Thank you for your replies we are waiting for BBVA to call us today, Abbey National now Satander will only help you if you have a mortgage with the m in England even though we have accounts with them . Have thought of mortgaging our house but as my husband is 61 they will only give us a repayment mortgage for four years and this is to expensive , my son is coming in with us but as he is freelance there are more obstacles . Seeing someone at lloyds monday see what they say , but thank you all for your advice
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Old 10-09-2014, 21:37
Join Date: Jan 2011
Posts: 240

Hi Bevgt, I think you will find the quote about Santander's lending is untrue, speak to Juan the manager of the Santander in Puerto Pollensa, C/ Juan XX111.
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Old 10-09-2014, 22:01
Join Date: Jan 2011
Posts: 240

Hi again Bevgt, please ignore my comment, I always confuse the two banks Santander and the Sabadell, it is the Sabadell that I refer to and Juan works in the Sabadell bank
in the Juan XX111, if it is only a small mortgage that you require you should get some joy there.
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