Helping a UK National Purchase a Property in Spain Through a Company
23rd January 2024
We recently had a UK national and resident client who was looking to purchase a property in Spain for circa 1.300.000 euros. The property was a long-term investment as the client wanted to use the house during the holidays and then pass to his children.
We worked closely with the client to understand their needs and requirements and provided them with a comprehensive solution. We advised the client on the best way to structure the financing to assist with achieving their future financial goals. Additionally, we connected them to specialists that could assist them in creating the structure and provide reliable advice.
We also recommended a mortgage provider that could offer the best terms and conditions that met the client's requirements, including the 75% LTV, 25-year term, and interest and capital repayment plan. We also advised the client to keep the equivalent of 6 months of interest at the bank to ensure that they met the mortgage requirements.
In conclusion, Enness were able to help our client purchase a property in Spain, providing them with numerous benefits and our solution enabled the client to achieve their long-term investment goals.
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