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In the process of buying a holiday home in villamartin and the solicitor is suggesting sabadell bank for direct debits what's everyone's suggestions is there a better one?? Is BBVA any better š¤
Posted: Wed Jul 7, 2021 1:01pm
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Regarding banks I would shop around, sometimes the solicitors get a fee for recommedations from the bank they advise you to use.
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Posted: Wed Jul 7, 2021 5:13pm
Very helpful member
Maz64 wrote on Wed Jul 7, 2021 11:45am:
In the process of buying a holiday home in villamartin and the solicitor is suggesting sabadell bank for direct debits what's everyone's suggestions is there a better one?? Is BBVA any better š¤
I and many other long term holiday home owners have ditched the mainstream banks and their extortionate charges.
Many of us now have a Wise (formerly Transferwise) account for our direct debits, there are no charges to run the account just very small charges for any transactions.
They are also an excellent Company for transferring large amounts of funds for any property purchase.
Ken
Posted: Wed Jul 7, 2021 6:08pm
Kenbo wrote on Wed Jul 7, 2021 5:13pm:
I and many other long term holiday home owners have ditched the mainstream banks and their extortionate charges.
Many of us now have a Wise (formerly Transferwise) account for our direct debits, there are no charges to run the account just very small charges for any transactions.
Read more...
They are also an excellent Company for transferring large amounts of funds for any property purchase.
Ken
Hi thanks for that but we was told you have to open a bank account when buying a holiday home š¤ Marie
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Posted: Wed Jul 7, 2021 6:41pm
Very helpful member
Maz64 wrote on Wed Jul 7, 2021 6:08pm:
Hi thanks for that but we was told you have to open a bank account when buying a holiday home š¤ Marie
By the estate agent ?
Posted: Wed Jul 7, 2021 7:03pm
Kenbo wrote on Wed Jul 7, 2021 6:41pm:
By the estate agent ?
Yes
Posted: Wed Jul 7, 2021 7:08pm
Very helpful member
Maz64 wrote on Wed Jul 7, 2021 7:03pm:
Yes
Commission from the bank.
You do not have to have a Spanish bank account to buy a holiday home, for residency though then yes.
Posted: Wed Jul 7, 2021 8:40pm
Kenbo wrote on Wed Jul 7, 2021 7:08pm:
Commission from the bank.
You do not have to have a Spanish bank account to buy a holiday home, for residency though then yes.
Ok didn't know this I'll mention it tomorrow, thankyou
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