Better Deals & Faster Approvals
Simple and cost-effective. Foxes Mortgages is changing the way customers are treated by Spanish
Mortgage Calculator
Use our simple mortgage calculator to find out what your monthly payments will be for the life of the mortgage.
Online Approval
If you want to find out how much you can borrow, check our online approval process.
guaranteed better rates than the high street…
Non-Resident Mortgages
Buying a holiday home or second home in Spain? no problem.
As a non-resident, you can borrow up to 70%. We offer the most competitive mortgages for non-residents in Spain.
Speak to our mortgage team to find out what deal is available for you!
Resident Mortgages
If you pay tax in Spain and have a Declaración de la Renta then you can apply for a residential mortgage.
As a Spanish resident, you can borrow up to 80%. With the Euribor at an all-time
Speak to our mortgage team to find out what deal is available for you!
Equity Release Mortgages
Do you own a property in Spain, and would like to release some equity or switch your mortgage to another bank?
Switching mortgages or releasing equity can be difficult. We do have some products available, to find out if we have one to suit your situation get in touch and speak with our mortgage team.
Mortgage & Legal Hotline
If you have a mortgage or legal question please call us on the number below and speak our team, we are ready to help.
Spain: 951 82 28 57
UK: 0208 089 1945
Why should you use an expert?
A bad mortgage could cost you thousands of Euros in extra charges & higher rates, don’t make that mistake. Use an expert
Your Financial Assessment
Banks will not lend to everybody & every bank has different lending criteria. The 3 most important aspects of getting a mortgage are:
Documentation
Presentation
Negotiation
Don't be Ignored
Spanish Banks are slow to respond to request. Our team will ensure your request is heard quickly and efficiently
Save thousands of Euros
It is not easy to get out of a mortgage in Spain and choosing a bad mortgage could cost you thousands of Euros in extra fees over the life of the mortgage. Foxes will make sure you get the best mortgage to suit your financial situation.
Step by step guide
What is the process to securing a mortgage?
1
Complete the application
Submit the relevant details the bank requires and your personal mortgage advisor will start the process with the banks
2
Receive offers
Depending on your circumstances you will receive a series of offers within 24hrs, and can make a decision on which to choose.
3
Legal checks and signature
Before signing our legal team will ensure your mortgage is ready to sign and there are no unforeseen charges or issues.
Find out if you can get a mortgage
Got 5 minutes? that is all it takes an advisor to tell if you if it is possible to get a mortgage. Just fill in the form.
Some Important Questions Answered
Documentation, what you can borrow etc
How much can I borrow?
The amount you can borrow depends on your debt to income ratio. Most Spanish lenders will not lend money if your combined outgoings (mortgages & loans) add up to more than 40% of your total income.
We have an in-house risk assessment team, that can help you understand what you can borrow. Get in touch here
Is there a fee to find out what I can borrow?
No, we do not charge to check what you can borrow, or even to get an official offer from one of our lenders. We only charge if you decide to accept an offer from the bank to purchase a property.
Does age effect the loan period?
You can be no older than 75 / 80 years of age when the mortgage completes. If you are 60 years old then the maximum term is 15-20 Years. If you are unsure, get in touch.
What is the maximum LTV (Loan to value)?
Up to 70% for
Up to 80% for Spanish residents
The value of the loan will be based on the property valuation or the property price, whichever is lower.
Can I release equity from my Spanish property?
Releasing equity or remortgaging an existing property in Spain is incredibly difficult since the financial crisis in 2009. It is not impossible, but every situation is different. Please get in touch to find out what your specific situation is
What documents do the banks require?
- Copies of your Passport / NIE (for all parties that will be on the mortgage)
- Your most recent tax declaration or P60
- Your last three payslips
- Details of other properties you own including any potential rental income
- A bank statement of the last 6 month
- An Experian credit report
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Rates as low as
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Average Approval
Approval Time
Non-Resident Mortgages
If you a resident of a country other than Spain, then you can generally borrow up to 70% of the value of the property.
List of documents required to begin to apply for a mortgage in Spain.
- Copy of your Passport / NIE
- Most recent tax declaration / P60
- Last 3 payslips
- Bank statement showing last 6 months movements
- Details of properties you own including any potential rental income
- An Experian credit report (UK Residents)
UAE Residents
Additionally, for anybody living in the UAE, you will need to provide a certificate from your bank in place of a tax declaration.
If employed in the UAE you will need to provide a certificate of earnings.
Spanish Residents
If you a resident of Spain, then you can borrow up to 80% of the value of the property. Sometimes higher, but as a
Below is a list of the documents you will need to provide in order to apply for a mortgage as a resident.
- Passport / NIE
- Declaration de
renta - Last three payslips
- Bank statement showing last 6 months movements
- Details of other properties you own including any potential rental income
Peter Reilly
My wife Nicola and I bought our property in Lanzarote in December. Throughout the whole process Gareth and the team at Foxes we’re absolutely fantastic! I couldn’t recommend them enough.
They guided us through every step and a lot of bumps along the way. Nothing too much trouble and every issue dealt with and solved. The biggest thing is we trusted them and that was justified!! Thanks Gareth, Matt, Cristian and Alejandra.
Kenny Morris
These guys are very professional, speedy and do what they say they will do. They are a company I would recommend.
Experts on your side
We are a professional team of mortgage and legal experts. Approachable, transparent and fearless with the banks.
Can we meet?
Yes. Our offices are near Malaga. We deal with banks all over Spain
Are you regulated?
Our team of experts are regulated by both the Madrid bar and the Malaga bar.
Will I need documentation?
Yes. In order to receive an offer from the
How much experience do we have?
Foxes started out fighting the banks for compensation on behalf of our customers. We have helped hundreds of people clean up their mortgages and get their money back. Along the
advice & help
click the button for mortgage or legal help
or call our helpline
UK: 0208 089 1945
Spain: 951 82 28 57