No matter if you choose Spain or Portugal, the Santander bank offers guidance and help throughout the whole procedure.
Characteristics:
- Mortgage is available only for the purchase of property
- Loans are available in EUR or GBP
- Minimum loan of GBP £ 100,000 or the Euro equivalent
- Maximum loan term is 25 years
- Loan must be repayed by the age of 75
- £ 500 processing fee
However, please note that loans if repaid in full or part within the first two years are subject to an early payment fee of 3 months interest, after two years the loan may be repaid at any time without incurring a penalty.
Read full article at http://portal-loans.co.uk/santander-euro-mortgages-for-spain-portugal/
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