Euribor stands for Euro Interbank offered Rate and is the rate on which all mortgage loans are based. The rate you will pay for your mortgage after the fixed rate period will comprise of two elements: Euribor, and Margin. The actual rate you pay will be calculated by adding these two elements together. Spanish banks generally work with the 12 month EURIBOR rate meaning that your rate payable is reset every 12 months according to the prevailing rate at that time.
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In house Spanish & English speaking Spanish & UK qualified Mortgage advisors (ACI) (Cert CII MP & ER). Fully regulated by the Bank of Spain – (Inscrita en el Registro de Intermediaros del Crédito Inmobiliario con el número D395 Según Ley 5/2019 del 15 de marzo.
Specialising in Spanish mortgages for residential, Holiday Home, Investment and comercial properties in Mainland Spain, Canary Islands and Balearic islands and working with all the Spanish lenders. We secure our clients the best mortgage products available with the best rates possible.
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