The Buying Process

When you have decided on a property:

• A deposit of £2,000 fixes the price and takes your property off the market.
• In the case of a resale 10% must be paid at the Private Purchase Contract about 5/6 weeks after the deposit - the balance to be paid on the agreed entry date.
• If you are buying a new build property the same initial deposit paid followed by a larger amount after 5/6 weeks varying between 15% and 40% depending on the developers or builders. The balance on completion, which may be anything from 3 months to 18 months.
• Buying in Euros - this is best arranged through a currency broker, advice is available either in the UK or in Spain.

• Getting a Mortgage - Mortgages are widely available, both here and in Spain - Ask us if you need help we have contacts with Spanish Banks and an advisor who can usually provide a mortgage agreement in principle within 24 hours.

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