26 Mar 2009 6:57 PM:

I have just been informed that some of the banks in Spain are misleading clients and potential clients regarding the interest rates on new mortgages.
Please beware, this is very important, particularly if you are considering taking over the builders mortgages.
It's in the small print and their initial promise of a "good deal" is not really as stated, new borrowers should be aware that the banks are applying a "minimum rate" into the deal.
For example, the mortgage offer comes out at Euribor + 0.75% looks good, 12 month Euribor today is 1.85% + 0.75% as stated, total 2.6%, sounds great huh? NO, because it is subject to a minimum rate of 4.75%!!! So Euribor + 0.75% does not exist unless Euribor rate is 4% Not such a great deal! 
Please get your broker or your solicitor to look at the SMALL PRINT.
Please be careful!!

I got this information from my mortgage broker at La Vida Mortgages, Henry Slade, he is at henry@spanishmortgages.org.uk

 

This message was last edited by masters08 on 3/26/2009.
Community thread: Mortgages

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15 Nov 2008 12:30 AM:

 

This message was last edited by masters08 on 11/15/2008.
Community thread: NEW YEARS EVE

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14 Nov 2008 5:45 PM:

I think Angelita has posted what a lot of us are thinking, this petty squabbling has got to stop.

I do know that this was a much happier and much more informative forum prior to Wangy joining,  what a 42 carat plonker!

Community thread: NEW YEARS EVE

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02 Nov 2008 8:36 PM:

Thanks for the link Sandra, I did count only 9 pictures of Corvera and they were ok, the rest go on to 3 molinos by inspectahome and then god knows what other developments, I notice that if you click on your web site link in your signature, I see you are associated with the company that posted those pictures, so I guess yours would be a commercial enterprise as well.
Thanks for the info tho. the more photos and info about Corvera the better.

Community thread: Corvera Golf Info website

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01 Nov 2008 7:36 PM:

Just seen some great pics and news update on new web site corvera golf info.

Community thread: SOME MORE PICTURES FROM THE OTHER SIDE

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