03 Mar 2012 12:00 AM:

Very new to buying in Spain so just checking a few things out first and grateful for any advice. I'm being told you must take a euro mortgage on a purchase even if you don't need one to protect yourself from exchange rates, title protection, income tax mortgage relief if I retire to Spain, inheritance tax exposure etc. I can borrow on my existing UK property enough to buy outright alongside some savings so I become a 'cash' buyer in Spain but repaying a UK mortgage. I do not plan to retire to property for at least 5 years. What's the best way forward? Thanks.

Forum thread: UK or Spanish Mortgage?

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21 Jul 2008 8:11 AM:

I requested the full 3000 euro refund from agents BlueSun World and have been told that the landowner is not honouring these and I need to engage a Spanish solicitor to file a complaint with the Spanish courts in Xativa. The funds are in the hands of the receivers of Llanera. The new promoters are offering a discount to reflect these if you proceed. 

Has anyone any experience of making claims like this in the Courts. It sounds like it would cost more than the amount outstanding?

Mark P

Community thread: Planning permit

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