Connect Mortgages are delighted to be part of the first mortgage deal done by Spanish lender UCI bank under their new non resident scheme.
The 400K Euro mortgage on a 650K Spanish villa in Andalucia, was secured at a competitive variable interest rate of just 2.75% over a 20 year term.
Connect was invited to join the banks new non resident pilot scheme at the tail end of last year and can their mortgage deals which are not currently available to wider broker market.
Highlights of the mortgage range include:
- Products with interest rates from 2.75%.
- A 20 year fixed rate product with a 3% interest rate.
- Mortgages up to 70% LTV
- Low product fees
- Finance from 100k euros.
- No compulsory life cover option
- No need for a face to face meeting in Spain.
Stephen Marcon, International & Expat Mortgage Specialist at Connect Mortgages commented. ” I am delighted to have secured a this competitive mortgage deals on behalf of my client and to be the first to have completed a mortgage with UCI under their new scheme. UCI are a well known established and well respected bank in Spain and I am confident that their professional attitude and competitive product offering will be well received by the foreign buyer market who are looking to purchase a property in Spain.”
If you would like more information about these great products or discuss your international mortgage requirements with us please call 01708 676111 or send us message using the contact form below.
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YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.