Financing is the key component to wealth enhancement and return on investment. With appropriate and cost effective financing Investors can leverage their existing wealth to maximize returns or build a portfolio of assets.

IPTW has developed strong relationships with a number of Spanish mortgage providers and international property financing specialists helped by the quality of our clients and investment proposals. Many foreign owners may not meet the criteria to get a mortgage from a Spanish Bank, but we work with various providers to source you finance options even in the most difficult scenarios.

With Spain continuing to demonstrate a strong and sustained recovery, especially in its property sector, and there are signs of liquidity returning to the mortgage market. Even so financing options at a retail level do not tend to go higher than 60%-70% financing of the value of the purchase, while at any time different institutions will vary their rates as part of marketing drives allowing IPTW to bring you the best rates available in the market.

IPTW will prepare and manage the financing proposal and the collation and presentation of the required personal and due diligence information required by the lender in order to enhance the likelihood of a positive outcome.

Complete form if you are interested in applying for a mortgage: Mortgage Fact Finder

The need for bridging finance varies and in each case, is generally more complex than mortgage or refinancing cases but is always for a short term (6-36 months) is more expensive than longer term finance and generally more urgent. Cases for bridge finance are typically:

• To avoid a repossession or execution of a charge on a property.
• To finance a purchase where a seller is committed to buy a new property but their buyer pulls out at the last minute.
• For property developers to fulfil short-term working capital needs to complete and sell a development.

Bridge financiers do not require the same proof of ability to repay or a perfect credit rating for bridging finance as loan to asset value rarely exceeds 50% and they place a premium on the interest rate and charges.  However, any applicant for this type of finance will need a clear financing proposal and exit strategy to gain approval.

The property on which we can secure bridging finance can be residential, buy-to-let, semi-commercial or fully commercial.

Moving money abroad can be expensive especially when buying a property that may cost €100,000’s which is why we work with a number of FX companies to ensure you always get the best rate when you exchange money cross borders. Traditional banks will always charge more, while newer e-banks are restricted on the transaction amount.  Our consultants will work with you to understand you’re FX requirements and navigate you through the process of setting up a specialist foreign currency account, allowing you to hold money on account with FX companies and transfer on the day you chose ensuring you always get the best rate.