TYPICAL BUYERS INSPECTION VISIT ITINERARY

• Itinerary Day 1
am/pm. As soon as you arrive at the airport you will be met in the arrivals hall by one of our team members and taken to your hotel to check-in. After you have been able to refresh yourself from your journey, you will then be collected from the hotel for a guided tour of the area and shown places of interest. Your evening meal will be spent at a local restaurant.

• Itinerary Day 2
10 am Depart hotel for further tour of the area and amenities, commence inspection visit of properties.
2 pm Break for lunch (In a local spanish restaurant especially selected by us).
3 pm Resume inspection visit of properties.
5 pm Return to hotel for a rest and recuperation.
8 pm Depart hotel for evening meal.

• Itinerary Day 3
Same as day 2

• Itinerary Day 4
10am. Leave hotel for further inspection or re-inspection of selected properties or areas.
1pm. Help and advice on financial, legal and other services offered by Euroselect.
2pm. Lunch
3pm. Further viewings of continuation of the morning’s discussions. Meetings with solicitors and banks if required.
5pm. Return to hotel for relaxation and review of inspection visit.
8pm. Depart hotel for evening meal.

Please note:
The above Itinerary is an approximate guide of what to expect on a Property Inspection Visit. Please be aware that some Itineraries may vary due to flight arrival/departure times. At no time will you be pressured into making a purchase.

Mortgages on Spanish residential property are readily available and are similar in format to UK mortgages. The bank will expect a Bank valuation on the property and the size of the mortgage will be based on that with a mortgage of approximately 60-70% available for non-residents and 70-75% of the value of the property for residents.

Applicants should expect to provide the following documentation along with the valuation.

Last tax declaration…P60
Personal details…address in the UK, passport copy etc
Letter from your UK bank
Last three payslips or previous years accounts if self-employed
Once these details have been supplied the bank will normally have an answer for you within 2 weeks.

Many UK residents have recently been re-mortgaging their houses so that they can release sufficient equity to purchase or part-purchase a property in Spain or elsewhere overseas. You already have some equity you may still need a mortgage of some sort to complete on a house purchase. If you talk to us, we will help you find the best mortgage to suit your financial circumstances.