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Securing a Mortgage with a Spanish bank
Posted: Thu Nov 17, 2022 5:30pm
I'd like to secure a mortgage with a Spanish bank with a view to acquiring a property in Denia or the Orba valley.
Could anyone suggest a reliable bank and/or mortgage broker in this region...?
The last time I tried to securea mortgage, the bank's surveyor undervalued the property by 50% and the purchase fell through...I learnt that the urbanisation (Aldea de las Cuevas) in Benidoleig was not fully consolidated and that it had problems with the townhall resulting in the depreciation of the price of the property.
Would like to avoid another disappointment if possible!
Any advice/suggestions would be highly appreciated
Thanks
Ashoke
