SPANISH MORTGAGES FOR TAYLOR WOODROW CLIENTS

SOL AGENCY ARE APPROVED AGENTS FOR

Taylor Woodrow de España have teamed up with La Caixa Bank who are offering flexible and open mortgages up to a loan amount of 80% of the current valuation of the property. (Subject to Status)

For your convenience applications are dealt with at their London Office and can be made prior to attending an inspection visit so you will know exactly what's on offer 'In principle' beforehand.

 

EXCLUSIVE TERMS AND CONDITIONS FOR SPANISH MORTGAGES

TAYLOR WOODROW CLIENTS ONLY
Flexible & Open Mortgage with “la Caixa”

LOAN AMOUNT
Up to 80% of current valuation of the property (*)

TERM
Maximum term available is 30 years.
Clients under 35 years of age may be eligible for a 40 year term mortgage.

Flexible Mortgage. Basic Features:

24 months interest only available. Clients under 35 years of age may be eligible for a 120 month interest only period. 2 month payment holidays available Client can reduce or extend term of the mortgage within the total term agreed. Revolving Mortgage: client can get further advances within the maximum loan amount agreed. Interest only for the whole mortgage term on 30% of the mortgage amount.

INTEREST RATE
Initial Interest Rate: Euribor 12 month + 0,50
Annual Review: Euribor 12 month + 0,55 (**)

FEES
Arrangement Fee: 0.25%
Booking Fee: 0%
Early Redemption Fees: 0.50%

(*) This is not an agreement in principle. In order to get a mortgage approval clients need to fill in the application forms and post them to the London Office with supporting economical documentation. Mortgage agreement is subject to status, affordability and valuation (* *) MORTGAGE PACKAGE: “la Caixa” will provide Home&Life Insurance, debit/credit card, and direct debits. ___________________________________________________________________________________________________