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Spanish Mortgage Process Explained: How to Buy Property in Spain (Sotogrande Guide) скачать в хорошем качестве

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Spanish Mortgage Process Explained: How to Buy Property in Spain (Sotogrande Guide)
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Spanish Mortgage Process Explained: How to Buy Property in Spain (Sotogrande Guide)

Buying property in Spain? This episode breaks down the Spanish mortgage process step-by-step—what banks ask for, how to get approved, and how to avoid deal-killers—using real examples from Sotogrande. We cover everything international buyers need to know about getting a mortgage in Spain, loan-to-value limits, fixed vs variable rates, bank fees, and the best way to prepare before you make an offer. Our guest is Marc Elliott, founder of Fluent Finance Abroad (FFA), a Bank of Spain–regulated mortgage broker. Marc explains why using a broker can shift the balance of power from the bank to the client, how underwriting actually works (and why branch “simulations” aren’t mortgage offers), what documents you’ll need, timelines, multi-currency rules, and the differences he sees with buyers in Sotogrande vs. Marbella. TIMESTAMPS 00:00 – Intro & why this episode matters for international buyers 01:04 – Marc’s background: UK banking, Spanish roots, founding FFA 02:25 – What a Bank of Spain–regulated broker actually does 03:37 – Why brokers shift the balance of power away from banks 05:18 – When you should (and shouldn’t) go direct to a bank 07:11 – Law requires brokers to approach multiple banks (and why that matters) 08:32 – Then vs. now: lending standards, valuations & stability 10:51 – Equity release/lifetime mortgages in Spain (what’s coming) 14:05 – Sotogrande vs. Marbella buyer profiles & market dynamics 17:34 – How past lending (e.g., Gibraltar banks) affected the area 20:58 – New builds, nearby growth corridors & long-term outlook 25:57 – Why Sotogrande won’t become a nightlife hub (and that’s okay) 29:21 – Client journey: discovery call, documentation, underwriting 35:31 – “Simulation” ≠ mortgage offer: what real approval looks like 37:42 – Loan-to-value: 70% non-resident, 80% resident (exceptions) 39:56 – Fixed vs variable rates; hedging uncertainty 42:44 – Lifestyle shift & remote work: why Spain attracts younger buyers 43:59 – Fees explained: arrangement fee, valuation, what banks pay since 2018 45:46 – Common deal-killers & how to avoid them (timelines, deposits, DD) 50:58 – Multi-currency mortgages: banks must offer your income currency Context for Sotogrande buyers: Spain’s mortgage framework is tightly regulated, improving transparency and borrower protection. For non-residents, max LTV is typically 70% (residents up to 80%), and success often hinges on organized documentation. In Sotogrande—where equity levels are high and inventory can be tight—being finance-ready can win you the home. Learn more about Fluent Finance Abroad here: www.fluentfinanceabroad.com CONNECT WITH CHARLIE! 📲 Mobile +34 607 911 661 ✉️ Email: [email protected] 🔗 Website: https://charlesgubbins.com/ STAY CONNECTED! 📸 Instagram:   / charlieinsotogrande   👤 Facebook:   / charlieinsotogrande   👨‍💻 LinkedIn: linkedin.com/in/charliegubbins 🎥 YouTube:    / nollsotogrande   🐦 Twitter:   / charliegubbins   📱 TikTok:   / charlesgubbins  

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