Mixed Currency Mortgage ??

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21 Sep 2009 12:00 AM by roger Star rating in Sutton Coldfield. 139 forum posts Send private message

Hi Everyone,

We had arranged a mortgage with a bank in Aguilas but due to the delay we had to `re-negotiate` and now they say the first year will be at 6.5% which means we would have to pay loads more than we initially thought.

Checking around I have found any number of `Spanish` brokers who say they can get 2% to 3% rates and we have applied to a couple, but I have come across `mixed currency` mortgages where you set it up in yen to euros and the rate is 1.98% but they are asking for up front payment for valuation & set up fees which I find a bit odd.

 

The companys website http://www.lowratespanishmortgages.com/ seems all ok, their email addy is `Maverose` I just wondererd if anyone knew anything about them or this type of mortgage or indeed where to get a good deal these days....we are just waiting for this so we can complete on Ph 3 so any info would be really helpfull.

 

Cheers,

 

Roger & Stella




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