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31 Oct 2007 12:00 AM by gmk Star rating. 7 forum posts Send private message

i put a deposit down 3 yrs ago on apartment 501 i think and never intended to complete myself looks like i either walk away and lose my deposit or take on more debt ( mortage from somewhere who nos ) any body got any ideas where to go from here .

i presume im not the only person in this position.

has any body sorted out the extra finance yet and if so  can you recommend any body 

 

gmk




This message was last edited by gmk on 10/31/2007.


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01 Nov 2007 11:35 PM by mfurukawa20 Star rating. 37 forum posts Send private message

HI, re getting a mortgage, I believe mortgages are assured by Banc Pastor as the funding bank for the development but this is only what friends told me and so it is maybe best to chat to your solicitor who I am sure can recommend a bank they work with.

If not, you could do worse than talking directly with the Halifax in Fuengirolla - I have met them a couple of times and they are very helpful and have English speaking staff if your spanish is not great. Also try Barclays Spain, they advertised the lowest interest rates earlier this year. You do not need to pay a broker to help you with this, they can charge more than €500 - the banks here will help you in English and it may be worth you investing in a  quick trip out here to meet with Halifax and Barclays locally to chat through your needs.

Good luck.   




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02 Nov 2007 9:32 AM by Captain007 Star rating. 79 forum posts Send private message

 




This message was last edited by Captain007 on 11/11/2007.


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