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Polaris World Mortgages

Obtain an "in principle" mortgage offer within 48 hours.

Especially designed for non-residents who require larger mortgages for their Polaris World home, competitive products to help you buy your Polaris World property with the option of "interest only" payments.


Advantages

  • The repayment term can be as long as 40 years
  • We finance up to 80% of the valuation of the property
  • Possibility to borrow 100% of purchase price (subject to valuation)
  • Choose from full term Interest Only or full term Capital Repayment
  • Facility to make partial repayments without penalty
  • High affordability ratio

Other Benefits

  • Free access to Telephone and Internet Banking services in English
  • Account facility with free money transfers from UK to Spain and no maintenance fees
  • Monthly statement in English

Here are some good mortgage rates that are available to you.

80% LTV – Euribor + 1 – 25 year term – 2 years Interest Only (optional)
80% LTV – Euribor + 1.25 – 25 year term - Repayment  
80% LTV – Euribor + 1.5 – 25 year term – 5-10 years Interest Only

70% LTV – Euribor + 1 – 40 year term – 5 years Interest Only (optional)
70% LTV – Euribor + 0.75 – 30 year term – 2 years Interest Only (optional)
70% LTV – Euribor + 1 – 25 year term – Repayment
70% LTV – Euribor + 1.25 – 25 year term – 5-10 years Interest Only

65% PCP – 3 month Euribor + 1 – 40 year term – full term Interest Only OR full term Repayment
60% LTV – Euribor + 0.85 – 25 years – Repayment
60% LTV – Euribor + 1 – 25 years – 5-10 years Interest Only

50% LTV – Euribor + 0.95 – 10 years full term Interest Only

50% LTV – Euribor + 1.25 – 20 years – Repayment – SELF CERT

70% LTV – 6% Fixed for 5 years – 30 year term – Repayment
70% LTV - 6.10% Fixed for 10 years – 30 year term – Repayment
70% LTV – 6.20% Fixed for 15 years – 30 year term – Repayment

ALL PRODUCTS AVAILABLE SUBJECT TO STATUS.

Euribor current rates:  Annual = 5.34% / Quarterly = 4.96%.